Gold and Silver Fail Miserably
For a few days it appeared that gold and silver had found a bottom. There was hope that the lows were in and a rally was coming. Once again, they failed to take out the […]
For a few days it appeared that gold and silver had found a bottom. There was hope that the lows were in and a rally was coming. Once again, they failed to take out the […]
Thursday saw a dramatic reversal in gold and platinum with a marginal reversal in silver. As we look at the price action, we can conclude that they will continue to trend lower and rallies to […]
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. […]
After an attempt to rally on Friday the sellers have returned in force in gold, silver, and platinum. For many they will be calling manipulation, which is laughable, to complete a trade there must be […]
After the early selling this week gold and silver attempted a rally on Thursday. They have failed to hold any bounce and they should be headed lower. 1700 gold and 18 silver are now in […]
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 […]
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 […]