Gold and Silver, How Low Can They Go?
Although marginally higher this morning, gold, silver, and platinum are ugly. The big question: how low can they go? No one knows when the selling will stop however the price action is as bad as […]
Gold and Silver, the Beating Continues
Gold, silver, and platinum have fallen into a deep hole and show no signs over reversing. This has been one of the worst beatings for precious metals in a long time. Since the August 12th […]
Down They Go, Silver, Gold, and Platinum
The selling intensifies in gold, silver, and platinum. From the August 12th highs to new recent lows. The selling should continue although a rally in the next day or two would be no surprise. Often […]
Gold Starts the Year Under Pressure
Monday was the first trading day of the year – Gold, Silver, and Platinum got hammered. The selling started early and never relented. The pressure on Gold was enough to reverse our trading position back […]
Gold and Silver Going Lower
Gold and Silver are following the children’s book, “The Wheels on the Bus” go round and round, which describes the current pattern in markets. For months we have been trying to write about these markets […]
Gold, Silver, and Platinum Charge Higher
On Friday Gold, Silver and Platinum had big rallies, in impressive action Gold was up 25, Silver .51 and Platinum +31. However, it wasn’t strong enough to reverse the recent downtrend. Gold looks the best […]
Gold, Silver and Platinum Slow Enough to be Closed
Gold looks headed for day three lower, but the selling is on no volume. We are long and have little concern with the current trade because the selling volume is miniscule. Typically, volume is heavy […]
Gold, Silver and Platinum Head South
As expected, Gold, Silver and Platinum are heading lower maintaining the current trend is lower. While Platinum and Gold are weak, Silver has broken down indicating the selling could accelerate.
Gold and Platinum are approaching dangerously […]
Silver Breaks Down, Gold Stays in Consolidation
Monday was an interesting day in the metals. Early, Gold, Silver and Platinum looked like they were going to have an ugly day. All three were under heavy pressure joining equities in some panic selling.
Gold […]
Gold Breaking Down, Silver Fights to Hold Support
Tuesday Gold made its first attempt to beak to the downside, only to rally back and close on support. This morning Gold is once again breaking through the bottom of the range indicating it should […]