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Tag Archives: morons

Gold and Silver Still Trapped Below Resistance

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

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

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

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

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 Follow Up Friday Rally

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 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 and Silver Drag On Futures Expiration

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

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 »

Obama’s Quest For Re-Election Points to SPR Release

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

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

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 »