Bloomberg: More Stress In Silver Market As Lease Rates Jump Again...

The gold and silver futures pricing stabilized somewhat today, after a furious rally over the past week that’s left gold at $3,052, while silver is trading at $34.11.

Although while there was not a big change in the pricing by the time the session was over, both metals did take a rather volatile path to get there.

In one sense, to see the gold price in particular continue to stay significantly above the $3,000 level is encouraging. As in past years, we've often seen big reversals after the metals have crossed through some of the key handles.

So to see gold break through $3,000, then shoot up even past $3,060, without a sharp correction yet does make a statement. Although at the same time, we're also about in that territory where