Tag Archives: AMEX:PHYS
Gold and Silver Close the Month at Round Numbers
In what was a very obvious push to limit the damage done to those short the metals this month, Gold (AMEX:PHYS) and Silver (AMEX:PSLV) both were sold with extreme prejudice… Read more
Gold and Silver on Hold Before Futures Expiration
For those head-faked out of your hedges on Friday’s false breakout above $1780 that should have been a very strong clue that the price of Gold (AMEX:PHYS) would not be… Read more
Gold, Silver Explode on Non-Farm Payroll Miss
The U.S. Bureau of Labor Statistics came out with their latest fictional assessment of the changes in the labor market on Friday before the opening bell. The U.S. economy added… Read more
Gold and Silver Follow Up Friday Rally
After a monster rally in the wake of the admission by FOMC Chairman Ben Bernanke in his speech from Jackson Hole, Wyoming last Friday that there was still a place… Read more
Gold Ends Week Strong After Futures Expiration
Wednesday was the final day of the July futures trading month, as it always is. And the current rally in gold (AMEX:PHYS) began that day with the $1600 level being… Read more
“Print, Baby, Print” is the Phrase of the Day
While Grease may be the word, “Print” is the means by which to ‘Grease’ the markets. Between a surprise rate cut by China (AMEX:FXI), a $78 billion expansion of the… Read more
Commodities Wobble While World Waits on Greece….. Again
While we all wait on the outcome of either Frau Merkel acceding to reality or the Greeks flipping the entire world the bird on the 17th, i thought it worthwhile… Read more
Gold Recaptures $1600 as Spain Bailout Hope Fades
At this point fading any strength in the Euro is a very safe trade. Until German Chancellor Angela Merkel accepts some form of pooled European debt solution, the Euro will… Read more
