Gold and Silver Look Like They Go Lower
When watching markets, we all should understand that price action is the key or the lack of it. As we watch gold and silver daily, we have been witnessing the decline of interest. Volume is […]
Gold and Silver Stay Silent
Gold and silver continue their quiet trade as if they were wandering in the wilderness. If you gave them an EKG, both would be pronounced dead. Between the cries of manipulation and the faltering world […]
Gold Stays on the Bridge to Nowhere
Just when it looked like gold was ready to take off, the sellers came running back in. On Thursday gold was charging higher only to get pushed down again closing near the lows of the […]
Why Won’t Gold and Silver Rally?
The world wants to know why gold and silver won’t rally? The simple answer is that the sellers are the strong hands dominating the buyers. This is classic action in any market, buyers and sellers […]
Gold and Silver Struggle to Hold Rallies
Equities have been under constant pressure and are in bear markets. Except for the usual short covering vicious rallies, the trend has been solidly defined. Equities should continue to fall and all rallies that reach […]
The Struggles Continue for Gold and Silver
On Wednesday the FED in their own genius ways hiked rates .75 bps which triggered a relief rally in equities, commodities, and precious metals. Markets soared after the announcement but have fallen back this morning […]
Gold and Silver Mixed and Confused
Gold and silver appear to be in a confused state. Although gold got hammered on Monday, the trend has reversed to higher while the trend in silver is down. The action has all parties scratching […]
Gold and Silver Heading South
The key levels for gold and silver have failed. The failure through 1850 gold and 22 silver should bring the next level down in play. We remain short but know that 1800 gold and 2100 […]
Gold and Silver Churn Around the Mean
From the children’s book, gold and silver have become the bus where the wheels go round and round. The continued churn around the mean has been brutal along with light volume and little price action. […]
Gold and Silver Weak but Show Promise
Once again Monday gold show many weaknesses while silver had some strength. Platinum is finally showing some life and could lead the metals out of the doldrums. For now, we will remain short gold and […]