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Monthly Archives: May 2012
Last Day of May with Gold slightly higher
US$ continues to get carried by the support of the European banks no matter how bad the news gets, US$ is priced at 82.920 down 16.6 points after being pushed up to 83.190, simply no reason at all except for … Continue reading
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There’s no reason for a Strong Dollar
The US Dollar continues to rally only on the news and views from Europe with a current price of 82.720 up 13.9 points with a high of 82.840, Treasuries seem to be in limbo with no movement higher as if … Continue reading
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Gold/ Silver/ US Dollar all traded since Sunday
US$ is down 16.8 points as of this early morning read with the trade at 82.355, Memorial Day’s high was 89.530, today’s so far is 82.480, Treasuries are still showing the overseas support of the central bank system with Notes/Bonds … Continue reading
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Attention Gold, Silver and all Commodity Traders!!
Just a “Be Prepared” heads up for you. There are internet restrictions that will be utilized if we have another attack on our nation and financial system. Most likely internet services will be cut as a precaution, in case … Continue reading
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Reality coming to the Precious Metals Market
US$ is starting to default at the height of 82.235, down 24.7 points after reaching a late night height of 82.565 a height that exceeded yesterday’s blistering punishment for those that remained short based on fundamentals, Treasuries are being supported … Continue reading
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Options expiration day and Anti-Gold traders get Face-Planted
US$ is still showing overseas support but is still in the negative at present with a price handle of 82.190 after being pushed up as high as 82.535 much earlier in the night session, Treasuries have reversed with Bonds/Notes lower … Continue reading
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Gold/Silver smashing will end in failure for US Dollar
US$ continues getting its support from the overseas banks in what can only be called “hide the sausage”, we have no economy, there’s enough proof watching the Baltic Dry Index and the unemployment numbers to see there has been no … Continue reading
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The continuing story of the broken gold thermometer
US$ continues getting support from overseas bankers as we enter our Tuesday char-raid with the current US$ price up 19.8 points at 81.430 after hitting a high of 81.500, Treasuries are still in reverse mode with Notes and Bonds weaker, … Continue reading
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Nothing’s changed for Gold during G7 meeting
US$ is lower by only 6.9 points with the trade at 81.355 close to its high of 81.400, Treasuries have reversed with the Notes and Bonds trading lower, Eurodollars trading higher. Energy Products are recovering slightly from Friday’s drumming … Continue reading
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Deep pockets and strong buyers in on Gold and Silver
US$ is lethargic with the trade at 81.545, up .05 points after being pushed up to 81.930 in the earlier part of the night, Treasuries are still in the support mode with Notes and Bonds higher, the Eurodollar flat to … Continue reading
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