Gold and Silver: Rally, Real or Trap?
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 […]
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 […]
Gold, Silver, and Platinum Headed South
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 and Silver Pricing is Correct
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 […]
Gold and Silver Look Like They Go Lower
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 Stay Silent
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 Stays on the Bridge to Nowhere
Just when it looked like gold was ready to take off, the sellers came running back in. On Thursday gold was charging higher only to get pushed down again closing near the lows of the […]
Gold and Silver Struggle to Hold Rallies
Equities have been under constant pressure and are in bear markets. Except for the usual short covering vicious rallies, the trend has been solidly defined. Equities should continue to fall and all rallies that reach […]
Gold and Silver Churn Around the Mean
From the children’s book, gold and silver have become the bus where the wheels go round and round. The continued churn around the mean has been brutal along with light volume and little price action. […]
Gold and Silver Weak but Show Promise
Once again Monday gold show many weaknesses while silver had some strength. Platinum is finally showing some life and could lead the metals out of the doldrums. For now, we will remain short gold and […]