The Duke Brothers are Selling Gold
The Dukes know something; they are selling Gold and Silver. The weakness in the metals continues to follow the trend – every rally the sellers show up. Obviously, the trend will last until it doesn’t. […]
Gold and Silver Remain Weak
Gold and Silver remain weak on pathetic volume and lack of interest. Since Gold and Silver are popular assets, we will assume the weakness is due to underlying pressure and not a lack of interest. […]
Gold Finds New Resistance – Heading Lower
The metals have been quiet this week while at the same time confirming their trends and establishing new levels. Gold remains in a solid downtrend and has established a new resistance level. We are now […]
Gold Attempting to Reverse Trend, Platinum Breaking Out
Last night and this morning Gold is trying to reverse trend as it breaks through the 1840 level. The next key level is 1860 based on April futures. The trend is still lower, and this […]
Silver, Gold and Platinum Get Clobbered
On Monday, the metals were charging higher, it appeared the rumors of a short squeeze in Silver were going to play out as Silver exploded higher. However, on Tuesday the sellers were back, and Silver […]
Gold, Silver and Platinum: Small Selloff Could Turn into Big One
There is just enough pressure on Gold, Silver and Platinum that we could see the big one. As the bulls and bears battle to hold their ground, it looks and feels like the sellers will […]
Gold, Silver and Platinum Look to Be in Trouble
It appears the churning of Gold and Silver is ending with the resumption of the downtrend. The inability to take out resistance is a clear sign that the buyers have failed, making room for the […]
Gold and Silver Decision Time
Here we go again, Gold and Silver have reached a decision point, they can reverse the trend and start heading up or they will fail at these levels and head much lower. We are short […]
Amazon Faces New EU Antitrust Charges
The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company’s business practices. Margrethe Vestager, the European Commission’s top antitrust official, […]
Gold Reverses Back to Short, Silver and Platinum Short
Pfizer announced a Vaccine on Monday that shows a 90% effectiveness, interesting timing. The news helped equities explode higher, while at the same time Gold, Silver and Platinum got clobbered. While Silver and Platinum were […]