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http://thegoldforecast.com • Charting the Markets 101: Support/Resistan... • Charting the Markets 101: Channel Lines - ... Kitco News Interviews Buy on rumor and sell on facts. If I had a dollar for every time I've heard that quote I'd have more than a fist full of dollars. However, recent rallies in the equities and precious metals markets are being fueled precisely by that notion. On Thursday of this week the European central banks will meet and it is widely held that the outcome of this meeting will contain some reference to monetary easing policies by the central banks in order to fire up the E.U. economy. The rally that we have seen recently is adding a premium to precious metals prices. In other words they are factoring in this belief as an influence in both gold and silver On Friday the U.S. jobs report will be released, which also concerns traders and investors. It is widely believed by analysts that approximately 100,000 new jobs were added to nonfarm payrolls. This number does not indicate any real progress in ramping up the U.S. economic scenario. All in all we have the ingredients for a bullish storm in both gold and silver. As always, wishing you good trading