After reaching lows on Wednesday morning before the FED announcement, Gold, Silver and Platinum have rallied hard and appear ready to reverse direction. Today’s action is the key; a higher close will probably trigger a […]
Yesterday we wrote that Gold, Silver and Platinum were waiting on the FED and that they were pricing in big decision. Once again, the FED tries to cover the ignorance of their ways and took […]
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 […]
Like the birds that heads south for the winter at the moment it appears Gold, Silver and Platinum are going to join them. The facts are simple, every rally attempt has failed. The metals are […]
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 […]
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 […]
There is one thing that is consistent through all markets, they are all weak. The economy is weak, and the rally has been a mirage built on added money supply trying to keep pace with […]
For weeks, Gold and Silver have been under pressure. Even when it looks like they are going to turn around the sellers show up. Wednesday Gold and Silver were higher early only to fail again. […]
Everyday has become a mirror image of the day before for Gold, Silver and Platinum. They try to rally and fail; this pattern has been happening for a couple of weeks. Tuesday morning, big rally […]
Here we go again, the gold bugs will be out touting how high gold is going. As we have written in the past, there is no doubt Gold, Silver and Platinum will be higher in […]
