SD Metals & Markets: Capping Continues But Precious Metals Bull Keeps Snorting!

[youtube=http://www.youtube.com/watch?v=i2wMtMGKSc4]

• SD Metals & Markets: Capping Continues But Precious Metals Bull Keeps Snorting!! 
  by http://www.silverdoctors.com/ 
  On this week’s Metals & Markets The Doc & Eric Dubin discuss:
  • A break from the traditional Friday cartel bashing as gold and silver blasted higher through $1400 $24, and closed at $1398 and $24.08 respectively!
  • Triggering Friday’s precious metals rally, a weaker than expected July home sales report, coming in at 394k vs consensus of 486k, and a 13.4% decline over June- the steepest monthly drop in 3 years!
  • Silver options expiration Aug. 27:  Expect cartel to desperately attempt to defend $25.50 and then, $26.  Look for a pause and short correction in silver prior to a massive assault on $30!
  • The Doc’s report on physical market trends for the US bullion market
  • War:  When all else fails, it’s the “go to” solution;  Why would President Assad gas his own people when he knows the US has declared the use of chemical weapons as a “red line” that if crossed would likely mean escalation/intervention?   Russia may very well be correct in accusing the US backed rebels as being behind a false flag. 

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