And Then There’s This?Wednesday, January 28th, 2009

The high for gold came at about 1:30 p.m. in Hong Kong yesterday…which was half past midnight Tuesday morning in the Eastern time zone. From there, gold got sold off about $15…and never fully recovered the rest of the day animation movies. An attempt to break out early this morning (Wednesday) met with the usual fate in Far East trading.

Silver was similar…but far more volatile. Unlike gold, it managed to finish positive on the day…even over $12. Let’s see if that lasts into today.

As I said yesterday…today is options expiry…and I’m ready for anything…both before and after the close of trading on the Comex this afternoon.

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The open interest on Monday was a little more subdued. Gold o.i. rose 1 download sci-fi movie,568 contracts to 361,473…and…

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