Monthly Archives: January 2012

January closes with Metals trading higher

US$ has started back down away from its lofty heights above 80 and is now down 34.2 points with the trade at 78.960 with a bottom so far at 78.855, Treasuries continue to confound everyone with the Eurodollar continuing to … Continue reading

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End of the month Metals attack

US$ is rallying because of events across the pond, not because we solved our debt problems here, US$ trade stands at 79.430 up 42.1 points with the high 79.445, Treasuries have reached a plateau in the short term as well … Continue reading

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January deliveries for Silver and Gold end today

US$ continues its slide towards its ultimate low and is down 24.3 points trading at 79.274 close to its low of 79.235, Treasuries are showing weakness across the board as foreign buyers start to understand that currency production is at … Continue reading

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Gold and Silver continue to rally as they overprint US$

US$ continues its slide lower  trading at 79.410 with a low so far at 79.235, Treasuries are being bought up across all years in a ridiculous attempt to calm the masses, still they don’t get it, it’s a debt problem … Continue reading

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The usual State of the Union and Gold gets hit

US$ is rallied yesterday and today because of the old rule, if the President, Treasury Sec, or the Fed Chairman speak, the dollar has to trade higher.   This rule is not in writing, it’s what is noticed after almost … Continue reading

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US Dollar struggles to stay at 80.00

US$ is being supported at 80.07 up 13.6 points as we start the FOMC watch to see if Bernanke is going to give his friends more digits to fight a trend that will lead the dollar to collapse, the low … Continue reading

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Precious Metals correcting the correction

US$ continues its slide into lower value as we glide into this week, Dollar is down 40.6 points trading at 80.00 even – close to its low of 79.950, Treasuries are finding support in the shortest term but none in … Continue reading

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European Banks to repatriate their Gold

US$ has found a bit of support in the overnight session being up 9.5 points with its trade at 80.500 after a low of 80.185 was reached, Treasuries are now being supported in the short term and weaker in the … Continue reading

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Dollar and Precious Metals continue their trends

US$ is losing altitude being down another 34 points after yesterdays fall of 70+, US$ trade stands at 80.475 close to its low so far at 80.425 with Treasuries  showing lack of buying across all years in the early morning … Continue reading

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Precious Metals held lower as dollar falls

US$ is trading lower again today being down 36.4 points trading at 81.055 recovering a little from 80.830, Treasuries are finally on track with the Eurodollar trading lower with the longer termed higher.   Energy Products continue to build a … Continue reading

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