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 […]
After the horrible trade the last couple of days, gold and silver are charging higher. The real question, is this another trap or is the rally real? Unfortunately, we don’t know the answer. This could […]
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 […]
The weakness in gold, silver, and platinum has continued. Every rally attempt has been met by sellers. Monday precious metals tried to rally showing nice gains early, only to fail miserably. There is more room […]
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 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 […]