Both gold and silver surged last night with gold up $45 (2%) and silver up 86c (2.7%). Ostensibly this was driven on inflation trades on the back of Biden introducing his $2.25 trillion “American Jobs Plan,” infrastructure stimulus package. However it can’t be ignored that we have now passed the March delivery on COMEX futures when it is ‘convenient’ for those massive bullion bank short positions to have a nice low price….cough, cough
