1. The saying, “Close, but no cigar!” could probably be used now, to describe gold & silver investors trying to call a turn in the market.

2. Bank analysts are more bearish. UBS technical strategist Richard Adcock says,“The next leg of the bear trend is to be seen down to the long-term 50 percent retracement point at $1,303, which we would set as our objective.”

Read more: http://tinyurl.com/l6ngs5t