THE REAL REASONS GOLD HAD THE BIGGEST SURGE IN OVER A YEAR THAT EVERY SERIOUS INVESTOR MUST UNDERSTAND $GLD $SLV #GOLD #SILVER
Yesterday gold swung from a low of $1141.70 to a high of $1221, a 6.9% intraday move. This was the biggest one-day move in gold since April 15, 2013.
Silver had an even bigger move than gold. Silver swung from a low of $14.15 to a high of $16.81, an 18.7% move. This was the biggest intraday move since May 8, 2012.
The prior big moves occurred on fundamental developments and in line with fundamental developments.
Please click here for an annotated chart of gold futures contract GCG5.
This time, it was very different. The fundamental development that I will explain later in this article was very negative but the moves in both gold and silver were to the upside. … Please click here or the title below to read more.