Job’s Friday, Gold and Silver Poised to Move
It’s that time of the month – today is jobs Friday. What does it mean and why is it so important to the precious metals? Other than in peoples minds, jobs Friday is a worthless […]
It’s that time of the month – today is jobs Friday. What does it mean and why is it so important to the precious metals? Other than in peoples minds, jobs Friday is a worthless […]
Gold, silver, and platinum remain under pressure despite Wednesday’s rally attempt. Once again, this morning the metals are testing the key support levels. Those levels remain the same 1700 gold, 1850 silver, and 800 platinum. […]
Monday, we wrote that the key levels to watch for Gold and Silver were 2000 and 26.5. Both failed miserably at those levels and sold off. The selling continues this morning as the head towards […]
Thursday’s rally in Gold and Silver is being met with sellers this morning. The precious metals should come under pressure with a strong downtrend. As markets churn waiting for the next big move there are […]
Gold, Silver and Platinum have had terrific up moves over the past couple of weeks. We have been long and participating with their trends being higher. The parabolic moves on Tuesday should lead to a […]
Over the past week we have experienced some very scary moments. The Russian attack on Ukraine, the bombing of a nuclear reactor and exploding prices in Crude. This has been one crazy week.
One might have […]
Gold and Silver are on their way higher although they appear to be taking a rest today. Last nights State of the Union was a nonevent for metals except the agenda appears to be very […]
When markets opened Sunday night/Monday morning, it had all the appearances as a repeat of Thursday’s action. Equities were getting hammered and once again recovered, similar action in many other markets.
After peaking at about 8:45 […]
Gold and Silver have closed above key levels with Silver more convincing. Platinum is very close and could be the biggest winner of them all. The action gets more bullish everyday in the metals and […]
Friday’s jobs number was a disaster as was the drop in the employment number which indicates no job growth and many giving up and not looking. After the news hit Gold and Silver bounced while […]