Gold’s trade thru the FOMC meeting

US$ is trading higher at the start today with the trade at 77.750 up 22.2 points with its high at 77.830, Treasuries are being supported as well trying to prove the Federal Reserve still has clout.   Energy Products are flat to lower with the exception of Reformulated Gasoline.   Gold is down 60 cent s trading at $1,808.60 after reaching a high of $1,819.40, Silver is still in the positive but barely, the trade stands at $40.185 up 4.8 cents after reaching a high of 40.570, Copper is following Gold’s move with the rest of the base metals following gold’s flatness.   All Grains are trading higher after a cold spell came into the northern growing part of the country and did some possible damage to planted crops.   Softs are all following the dollar’s rally and is trading lower, Meats are all trading higher, Paper Markets look like they’ve reached a peak at present. Expect a nothing type of day till after the FOMC spews it’s wisdom …. Stay Strong!!

JB Slear
Fort Wealth Trading Co LLC.
866-443-0868 Ext 104
Fax: 817-764-2537

Don’t risk what you cannot afford to lose….

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