Metals Explode Higher as Shorts Capitulate

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Support Independent MediaFeatured Posts on News Sites :Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M Theft X.com — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M TheftFeatured Analysis: News & Analysis: Coming Soon Data on Deck: GDP and PCE* MONDAY, MAY 25 None scheduled, Memorial Day holiday* TUESDAY, MAY 26 S&P Case-Shiller home price index * WEDNESDAY, MAY 27 None scheduled* THURSDAY, MAY 28 New home sales April * FRIDAY, MAY 29 GDP***Please support Independent Media Buy a hat, mug, or hoodie today*** or Buy a Coffee for the GoldFix internCharts and Final Market Check:Precious Metals Market RecapMarket ActivityYesterday marked an important turning point for gold and silver. Both metals opened under pressure, with gold testing its 200-day moving average near support early in the session. The setup initially looked weak, but buyers stepped in aggressively and both metals reversed sharply higher.