Yesterday we wrote that the metals were melting down which brought many questions. The biggest question was about the reasoning and why the metals could be so bad in the current economic environment. The answer […]
Like the wicked witch from the Wizard of Oz the precious metals are melting. What most don’t know of the book is the hidden symbolism and relationship to gold and silver. In the book Dorothy […]
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 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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
