Tag Archives: Federal Reserve
Gold and Silver Still Trapped Below Resistance
Gold (AMEX:GLD) and Silver (AMEX:SLV) both recovered slightly from yesterday afternoon’s mild sell off to trade again in a very tight range for most of the day. Gold hit an… Read more
Gold and Silver Start Week Down
In a continuation of Friday’s action in the Gold (AMEX:GLD) and Silver (AMEX:SLV) pits, the metals spent all of Sunday evening in Asia and Europe as well as the entire… Read more
German High Court Upholds ESM, Euro Rises
In a decision that should have come as no surprise to anyone that understands what the role of the courts in a democracy truly is, the German high court upheld… Read more
US Dollar Breaks Down on Eve of Fed Meeting
Tomorrow, September 12th may be Armageddon day for the U.S. Dollar (AMEX:UUP) as there are two events that will hit the market in what might be the financial equivalent of… Read more
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 and Silver Drag On Futures Expiration
As much as I would prefer to see dramatic events unfold in what are the most politically-driven markets in the world, in my heart of hearts i almost always bet… Read more
Gold and Silver Flat Awaiting Futures Expiry
The last Wednesday of every month is the expiration of futures contracts on the COMEX (NYSE:CME) and with the breakout from range last week by both Gold (AMEX:GLD) and Silver… Read more
Silver Crosses $30, Gold Eyes $1700
Thursday was yet another massive up day for the precious metals as both Gold (AMEX:GLD) and Silver (AMEX:SLV) added to Wednesday’s gains in the Asian markets setting up a continuation… Read more
Obama’s Quest For Re-Election Points to SPR Release
With Brent Crude (AMEX:BNO) having risen back to $114 per barrel and West Texas Intermediate Crude (AMEX:USO) back over $96 per barrel, the Obama administration is looking to put fear… Read more
Commodities Off Hard in Risk Off Trade
Even when there’s an honest-to-gods bearish day the S&P 500 (AMEX:SPY) always seems to be down just a tiny bit while commodities get whacked with the proverbial ugly stick. Of… Read more
Brent Surges past $110, Equities Continue to Rally
Since it was revealed that the Fed began normal repo operations last week after 4 years of reverse repos the equity and commodity markets have been pushing higher, albeit in… Read more
Now it’s the Fed’s Turn
Hey everyone else got into the helicopter on Thursday except the Federal Reserve. It’s long been my contention (and the contention of Jim Rickards and a few others) that the… Read more
