Tag Archives: gold
Rally Fades After Bernanke Speaks
Even though FOMC Chairman Ben Bernanke’s comments on Monday were defensive of ultra-loose monetary policy the equity markets still could not muster any momentum afterwards and pulled back from its… Read more
Inflation Expectations Roar Post Futures Expiration
One day before the end of the Month/Quarter and the markets were back in risk-on mode thanks to the expiration of futures contracts that had moved so much during the… Read more
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 and Silver Attacked on Options Expiry
Everything was proceeding apace this morning as Gold (AMEX:GLD) and Silver (AMEX:SLV) were in the process of being up strong for the third Friday in a row after a four… Read more
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
The Fed Announces Open-Ended QE, Gold Explodes
I will be the first to admit it, but I did not think the Fed would actually announce QE on Thursday at 12:30pm EST. The markets were prepared for it… 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
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
Draghi’s Plan Boosts Euro while Gold Crosses $1700
E.C.B. President Mario Draghi held the first press conference of the new Euro-zone on Thursday. We will look back on today at the day that the political integration of Europe… 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
