Precious metals investors would like gold and silver to trade based on long-term fundamentals and make their buy or sell decisions based on logic or reason that is within the realm of sanity. Unfortunately, in the near term, reality is likely to be quite different. Forget fundamentals and sanity, gold
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) EMPLOYMENT DATA WEAKER THAN EXPECTATIONS, GOLD SPIKES August 2, 2013 The U. S. employment data came much weaker than expectations. Non-Farm Private Payrolls came at
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) INFLATION IN JAPAN RISES TO HIGHEST RATE SINCE 2008, GOLD STAYING ABOVE SUPPORT July 26, 2013 Japan is the third largest economy in the world. For
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) MIXED EARNINGS, GOLD STRENGTHENS July 19, 2013 Yesterday after the market close there was an earnings wreck from three important companies, namely MSFT, GOOG, and CYH.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) FED CHANGED THE PICTURE, NOW IT IS UP TO EARNINGS July 12, 2013 The big picture for the markets changed dramatically on Thursday afternoon when
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRONG EMPLOYMENT DATA IN THE U. S., MORE LIQUIDITY IN EUROPE AND GOLD FALLS July 5, 2013 This morning the U. S. Department of Labor reported
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) VERY SHORT-TERM OVERSOLD CONDITION RELIEVED, GOLD TRADING UNDER $1200 June 28, 2013 The oversold condition of the stock market in the very short-term has now been
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) QUADRUPLE WITCHING DAY June 21, 2013 Today is the quadruple witching day when stock index futures, stock index options, stock options, and single stock futures expire.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD AND SILVER SPIKE ON HEADLINE PPI NUMBER June 14, 2013 Gold and silver spiked on headline Producer Price Index (PPI). Headline PPI came
Take profits on silver short position right at $21.96 or equivalent in SLV at $20.99.