Overall trading is very quiet as many traders are on their summer vacations.
Registered inventory bounced back up a little bit last week, but remains rather thin and indicative of an intermediate trend change.
A reader informs us that:
"For those with a bloomberg terminal, type up the command: {GLD Equity PHDC1at http://jessescrossroadscafe.blogspot.com/2013/08/gold-daily-and-silver-weekly-charts_19.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29} ... GS bought $5b USD of GLD last quarter, while they were pitching their "sell gold" call to the world."
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