Transcript of the 2.09.12 Precious Metals Market Report Available to Subscribers
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Transcript of the 2.09.12 Precious Metals Market Report Available to Subscribers
A transcript of Catherine’s February 2, 2012 interview of Jon Rappoport is now available to Solari Report Subscribers!
Subscribers: Click to download/view the Transcript.
Also find it in the blog post; at the Subscriber Resource Page, and in the Solari Report Archives.
From the transcript:
Catherine: As you can see from the new cartoon that we have on the blog and on the homepage, I’m in Pleasanton in the San Francisco Bay Area. And Franklin is at Top of the World Farm. Well, you’re about the busiest man on the planet. I’ve been teasing Franklin all week about how busy he is. Anyway, Franklin, there is so much going on in the precious metals market, I don’t know where to start. But I know you do. Bring us up to date on the market since we talked last month. How are we doing, and what’s going on?
Franklin: Well, what we did was really pretty remarkable because gold and silver both broke out of and broke through their – the downtrend lines from the downtrends that have been established since gold and silver both fell off in September. So what that means is that you’ve got – it’s clearly turned around. Now, when I say “clearly,” of course, I’m going to put all sorts of footnotes and qualifications on that. But there are two numbers that I really look at closely. One is the 300-day moving average in silver, and the other one is 150-day moving average in gold, and the reason I look at those is because generally those have served as a safety net for gold and silver over the course of this bull market.
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