Gold comes into resistance and Silver approaches its all-time high

Gold has come into the $148-$151 resistance level that was mentioned in a last post.


Silver jumped as much as over 8 percent to an intraday high of of $49.82 an ounce, just about 50 cents off its all-time peak of $50.35 hit on Jan. 18, 1980. A further pullback is expected.