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Tag Archives: Ben Bernanke

Gold and Silver Explode on Jackson Hole Remarks

Gold and Silver Explode on Jackson Hole Remarks

It took a couple of minutes for the humans of the world to process the 4500+ word speech by Ben Bernanke on Friday but once they did they realized that… Read more »

Gold Rises After Bernanke Hit Fizzles

Gold Rises After Bernanke Hit Fizzles

So, apparently it now takes more than 500 tons of paper gold to hit gold (AMEX:GLD) and knock it back away from the central bankers Maginot Line of $1650 per… Read more »

Gold Holds Onto Last Week’s Gains

Gold Holds Onto Last Week’s Gains

After hitting a bottom around $1525 per ounce last week Gold (AMEX:GLD)rebounded sharply on very high volume to settle into a new range between there and $1596.  Resistance is natural… Read more »

Gold Up but Cannot Hold $1650

Gold Up but Cannot Hold $1650

Data from the IMF for March revealed that central banks were serious buyers of gold with Russia and Mexico added more than 16 tons each.  Turkey added 11.5 tons. That… Read more »