Gold On The Way To $4,000 & Silver Moving Towards $50

GOLD

The price of Gold moved past the $3,900 level, reaching a high of $3,918, on high volume, when trading started in Sydney, Australia, early this morning.
When trading moved to Hong Kong, Gold was up to $3,922 per ounce on the opening. As trading moved to India, I saw high demand on the opening of $3,939.
In late trading in India and right before London was opening, there was some profit-taking. The Gold price stayed strong between $3,920 and $3,970 as the market moved into London and the U.S.

At 11 am PT today, Gold is trading at $3,965 per ounce, up $85 on heavy volume.

SILVER

The price of silver moved past the $48.00 level, reaching a high of $48.33 on high volume, when the trading started in Sydney, Australia, early this morning.
As Silver trading moved to Hong Kong and India, the Silver price kept moving higher, reaching $48.58 on the opening in India.
The Silver price traded actively in London and the U.S. between $48.40 and $48.80 per ounce.

At 11 am PT today, Silver is up $0.85 per ounce, trading at $48.65 on large volume.