How Ugly will it get for Gold and Silver?
How bad could it get for Gold and Silver? No one knows the answer to this question however, if it does get ugly, we can expect to go down farther than we think. There is […]
Gold and Silver Ouch and Reverse
The pounding in Gold, Silver and Platinum continued Thursday creating a reversal to the short side for Gold and Silver. The action was fast, furious, and ugly. There were few rally attempts in metals which […]
FED Creates Dumpster Fire, Gold and Silver Hammered
The FED strikes again, all markets meltdown except the U.S. Dollar. There were rumors that the FED would shift their opinions on monetary policy and could start to taper. The big question: Is this a […]
What will Today’s FED Decision Mean for Gold and Silver?
Today appears to be the day that markets have been waiting for, the FED announces their decision on interest rates. Trading this week has been a nightmare with the overwhelming indecision of what the FED […]
Gold, Silver: It is a Wild Ride
Monday was another wild day in the metals, early they looked like they were going to tank. Magically they made a solid run cutting big losses to minor ones. Gold tested our must hold support […]
Gold, Silver, Big Week for the Metals
This is another FED week; we expect more of the same. Inflation is transitory although CPI was hot and more ridiculous excuses from the FED. The bind market will continue to push the FED to […]
Gold, Silver, Painful but Bullish
All week we have been writing about the pain of congestion. Thursday was the tip off that, although consolidating the trend, is bullish. With Gold and Silver sitting in tight ranges and couple of things […]
Gold, Silver, and the Pain of Patience
Gold and Silver go up one day and down the next while at the end of the day they go nowhere. This morning Gold is testing major support at 1875 August futures and Silver is […]
Gold, Silver – Chop, Chop, Chop
Most markets continue to chop, which means go nowhere while torturing the traders. When it comes to metals the patterns are the same as every other market. However, this administration keeps giving reasons that Gold […]
Gold, Silver and Platinum Still Stuck in Congestion
The torture of a market that refuses to breakout in any direction is always the most frustrating for active traders. The lack of action brings the opportunity to make a bad trade or force a […]