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Monthly Archives: February 2012
Global downgrades are making metals move higher
US$ is taking the heat of over printing and is down 28.4 points and trading at 79.410 after hitting a low of 79.200, Treasuries are reversed with Eurodollars higher and the back contracts lower. Petro Products war footing has … Continue reading
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Gold and Silver correct as dollar is rallied
US$ is higher again but only in the European trade with the dollar at 79.235 up 19 points with a top of 79.465, Treasuries are mostly higher across the board with Eurodollars trading flat. Petro Products are still getting a … Continue reading
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Greeks riot and the metals climb the wall of worry
US$ continues its devaluation with the dollar down 38.1 points and trading at 78.845 after hitting a low of 78.715, Treasuries are being supported with the Eurodollars higher and the further out notes lower. Petro Products are again on the … Continue reading
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Margins on Silver/Gold will be lowered starting Sunday Night
US$ continues its support by overseas investors as we wake up to the last trading day of the week, US$ trade stands at 79.140 up 48.8 points close to its high of 79.195, Treasuries seem to be reversed as the … Continue reading
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Are there no algorithm traders in the bond markets?
US$ continues to amaze as we witness the rise before the markets open in the nation that uses it, US$ stands at 78.740 up .06 of a point as there is no movement in the bond markets at all. … Continue reading
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Gold/Silver rally during Bernanke’s speech to CONgress
US$ is down 10.5 points with the trade at 78.570 a day after Bernanke spoke about the jobless numbers (that he doesn’t believe either) and other things that involve the USA economic system yesterday, which caused the dollar to fall … Continue reading
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Dollar barely higher, yet Gold and Silver get hit
US$ is barely higher by 14.9 points with the trade at 79.335 close to its high of 79.370 with no real news showing any support, Treasuries are weaker across the board as we are starting to see a sell off … Continue reading
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Dollar higher Silver and Gold lower
US$ found reasons of support with the trade at 79.445 up 38.8 points after a high was reached at 77.640, Treasuries are stagnant with Eurodollars flat and the further contracts slightly supported. Crude is down $1.01 trading at $96.83 leading … Continue reading
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Gold and Silver lower into Unemployment Rpt – again!
US$ remains at a lofty price of 79.040 down 5.5 points after reaching a low of 78.915, Treasuries seemed to have gone back to normal mode but still the March and June Eurodollar are at parody to each other, this … Continue reading
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Dollar’s dead cat bounce, Gold’s slight correction
US$ has recovered about 23 points and is trading at 79.285 after breaking below 79.00 to 78.840, the top is 79.315, Treasuries still have buyers (guess who?) in all years posting these small daily gains trying to hide QE3 from … Continue reading
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