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Monthly Archives: June 2012
Last day of the quarter and Gold is up 2%+
US$ is doing what it should have done months ago today, Dollar trade us standing at 82.170 down 84.7 points after dipping as far down as 81.935, Treasuries have reversed with the short termed trading higher with Notes/Bonds trading lower. … Continue reading
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“Swift” implementation day with Gold trading lower
US$ is flat to lower with the trade 82.775 down 3.5 points after being pushed as high as 82.955, Treasuries are in what we call a “normal” phase with the short term lower, Notes/Bonds trading higher. Energy Sector continues to … Continue reading
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How will Silver and Gold react to “Swift” implementation?
US$ is still in support mode from overseas with the trade standing at 82.615 right at the top of the trade at 82.635 in the earliest of reports, Treasuries are all trading in the negative pushing interest rates slightly higher. … Continue reading
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Silver lower on Options expiration day, as usual
US$’s support is still here with the dollar only down 5.2 points with the trade at 82.610 close to its high of 82.655, Treasuries are now all trading in the negative from Eurodollars up to the 30 year Bonds. Energy … Continue reading
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Gold/Silver/US Dollar trading higher
Stranger things have happened but our US$ continues its overseas support because the loss would be far more catastrophic if the central banks didn’t keep buying it, maybe we should be thankful, nah!! This is a joke to free markets, … Continue reading
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Gold/Silver has every reason to rally, not the dollar
US$ continues its support from overseas after Thursday’s super dollar rally, the trade now stands at 82.540 up 5.2 points on top of yesterdays 75 point nose bleeding rally because there were 2,000 less people filing unemployment. It’d be funny … Continue reading
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Triple Witch has done its work in Gold
US$ can’t get the support it had from the last quarter and continues to fall slowly with the last trade at 81.70 after getting down to 81.66 with Treasuries are all in the negative since the FOMC notes came out … Continue reading
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Dollar falls taking Gold with it (but not for long)
US$ continues to lose value during the Triple Witch Week with the current price at 81.475 close to its low of 81.450, Treasuries are still reversed with the Eurodollars now breaking thru the upside resistance of 99.530 which doesn’t seem … Continue reading
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Gold trading higher during Triple Witch
US$’s rollover will be completed today with September being the new month to quote, the trade now stands at 82.005 down 21.1 points, close to its low of 81.980, Treasuries have reversed as well with the short term lower along … Continue reading
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Starting of the Triple Witch Week with Gold lower
US$ is up ½ point with the trade at 81.655 from 81.225 a point away from the opening price, Treasuries are still being purchased with someone (mostly likely the Treasury/Fed group) buying the shortest of termed and keeping afloat the … Continue reading
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