First this to start a Monday morning: The U.S. has gained more than 5.2 trillion dollars in Stock Market Value since Election Day! Also, record business enthusiasm. — Donald J. Trump (@realDonaldTrump) October 16, 2017 In the overnight session, gold and…
Sure enough, gold and silver were the slashers this Friday the 13th… As soon as the data releases hit the tape this morning, gold and silver caught a nice bid and the dollar dropped: The volume was nice in both…
The week is starting out a-typical and ending that way too. Today is Columbus Day, and the banks are closed, but the markets are open. On the fundamental front, we have a slew of Fed speakers starting tomorrow, and of…
Today started out like all BLS Jobs Report Fridays. As the Nonfarms Payrolls Report was released, gold had an exceptionally rough time: $2,605,900,000 worth of paper gold traded within just four minutes (20,600 contracts). That was not the first hit,…
Since the silver market opened on Sunday night, there seems to have been a bottom carved out on the chart: The action on the daily supports the rounded bottom: However, the fingers are at the ready, and as the…
First this: RECORD HIGH FOR S & P 500! — Donald J. Trump (@realDonaldTrump) September 29, 2017 Pertaining to this: Not that the Exchange Stabilization Fund along with the Fed, smashing gold & silver, buying the…
First the good news. If copper is finding a bottom in the short-term, the silver price can find a floor based on the “industrial use” aspect of the white metal: Silver has two unique properties that, when comparing all other…
Two weeks ago we discussed the Fed radio silence for the entire week before the FOMC meeting. This is what it looked like: Last week we of course we know what happened, which was basically nothing until talk turns into action.…
Silver Doctors Friday Wrap: Sure, they have succeeded in smashing price lower on the week, but gold & silver refuse to drop a handle! WE GET THE VICTORY, and that will bother them even more than today’s closing prices… First this (queue Rocky theme…
The silver chart on the weekly has taken a page from the scariest of horror movies. We know what’s behind the door, and we know the fate it brings us: When silver finishes making a run on the weekly, bad…
Thank’s World Gold Council for the Tip: Follow @JenSaidIt ‘s journey on @yahoofinance as she invested in gold for the first time: https://t.co/AhWWs8M3HZ pic.twitter.com/FYEIB9PI3m — World Gold Council (@GOLDCOUNCIL) September 14, 2017 Here are some of the best parts: I…
Silver had strength to start the overnight session, and then again throughout the night: This is pretty much where we would want silver to be. All things considered, the strong-arming of the markets looks to be waning. There is, after…
The Internet is a hive of activity for innovative ideas simply waiting to sprout. Without the Internet, there would be no online social media, no cryptocurrency trading, no online trading, and no blogs. Society as we know it would be…
It is no longer news that some political events happening in Washington, Europe, and the rest of the global political landscape often has huge effects on the financial markets. Interestingly, the effects of politics on the financial markets tend to…
Gold is currently trading at $1282.45 per ounce, down 0.61% on the day. Over the past 6 months, gold is now in the black, to the tune of 9.80% or $115.10 per ounce. Over the past 30-days, the precious metal…