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 […]
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 […]
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 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 […]
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 […]
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 […]
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. […]
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 […]
If you understand trading versus investing, then you should understand price action. Unfortunately, too many put their opinions above the facts. Fact, in the short run markets go up and down, sometimes trending for extended […]
For the past few months all markets have been trading on light volume churning around the mean. This is an indication of a much bigger move is on the horizon. Like the consolidation phase of […]
