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Monthly Archives: December 2011
Last day of the year and Gold/Silver shine :)
US$ is down 13.6 points with the trade at 80.775 close to its low of 80.730, Treasuries are in reverse mode with Eurodollars higher and the further out contracts trading lower. Petro Products are down with Crude leading the decline … Continue reading
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End of the Year Dollar Rally, 1 more day
US Dollar continues to get the old paradigm traders attention when reports of war come into play, US$ has been rallied again overnight with the trade at 81.220 close to its top of 81.310, Treasuries are being reversed with the … Continue reading
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Gold/Silver will climb that wall of worry
US$ is lower by 2.5 points and trading at 80.110 with a low of 80.075, Treasuries are trading in normal but flat fashion with no guidance to offer at all. Energy Products are retreating after yesterdays little story that Iran … Continue reading
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Had a Merry Christmas? Let’s bash Gold
Nothing has changed over the 3 day holiday except the price of Gold for our Eastern Buyers to soak up, and they are doing exactly that. US$ is lower only by 4.1 points and trading at 80.195 with a … Continue reading
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Falling dollar and Santa’s Golden Sleigh
US$ continues to fall with a price handle so far at 80.120 down 18.6 points from yesterday’s close, close to its current low of 80.06, Treasuries are weaker across the board with little support in any of the contracts. … Continue reading
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Santa’s sleigh is full of Gold/Silver this year
US Dollar is trading lower at 80.250 down 10 points after hitting a low of 79.955, Treasuries are back in normal swing with the Eurodollar lower and the back years supported. Petro Products are on the verge of breaking … Continue reading
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Dollar slide continues, Gold/Silver rallies
US$ is trading down 17.8 points at 80.095, this is supported because the drop has reached as low as 79.550 in the overnight trade, Treasuries are still reversed with Eurodollars trading higher and the longer termed Treasuries are trading lower. … Continue reading
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Is the pressure over on Silver and Gold?
US$ is trading at 80.475 down 33.2 points (March) as we finish the last part of our Triple Witch Watch that controls so much of our metals. Today the US$ does it’s roll over from Dec to March, normally, this … Continue reading
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Currency rollover pressures Silver/Gold
US$ is down 2.4 points and is trading at 80.815 (March) after being pushed all the way up to 81.070, Treasuries are still in reverse mode with Eurodollars being supported and the longer term bonds flat to lower. Petro Products … Continue reading
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So Long Triple Witch and good riddance
US$ is trading lower at 79.990 down 35.1 points after its nose bleeding climb from 7400 to 8000 and only because the currency isn’t as dirty as the rest in the currency basket, Treasuries are trading in reverse mode with … Continue reading
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