What Does FED Day Mean for Gold and Silver?
Today is FED Day or the day the clueless try to fix or cover up their many mistakes. The FED has done nothing in 109 years to benefit the average person and I suspect today […]
FED Day, Anything Goes for Gold
Today the FOMC announces their decision on interest rates and tapering. There are many theories on what they may or may not do. We know the FED is clueless without common sense relying on 100-year-old […]
Higher Rates Coming, Could Push Gold Lower
With the FOMC meeting this week we should see an increase in interest rates which is the only way to slow inflation which is much higher than reported. When you exclude the two highest costs […]
Gold and Silver Show a Bearish Rally
At the end of last week Gold, Silver and Platinum mounted a strong rally, or did they? With the trend being down we will assume the rally was short covering and not a reversal. You […]
Silver Gets Clobbered, Gold Under Pressure
Wednesday Silver got hammered and Gold was under pressure. None of this was a surprise; we expected this type of action. Silver continues to make lows and Gold remains under pressure. Platinum has turned over […]
FED Flattens Silver and Gold
The FED does it again, more ridiculous policy decisions that took the wind out of Gold and Silver. Wednesday before the FOMC decision on interest rates Gold and Silver were rallying, trying to reverse the […]
Gold and Silver on Fast Track to Nowhere
Gold and Silver continue to see slow directionless trade. The bulls will talk about the gold rally the last couple of days and the bears will talk about the inability to breakout of this range. […]