The precious metals markets continue to be on fire with silver jumping another 7% on top of a 8.35% gain the previous week. Gold closed the week on an all-time high on Friday. Both gold and silver are reflecting the general fear that is prevalent in the markets. For the week gold put in a solid + 3.19% performance. You should be long one trading unit of gold based on our 52-week, weekend trading rule. We’re expecting this market to open higher on Sunday in the Far East, and also on Monday when the markets open here in the States.