Through Thursday of this past week, gold for all the world was yet again reprising its rendition of "Nowhere Man"--(The BeaTles, '65), apparently en route to a fourth consecutive weekly net change of less than 10 points.
In wrapping up last week's missive we simply wrote: "As to what we see for Gold in the new week: not much." What did we get? Not much. Not that a net change for the week of 0% is nothing, given gold's having to endure a micro-crash...
Longtime readers of The gold Update know of which that title is analogous. 'Tis Chris Issak's in concert description about a girl standing in a Greyhound bus station: she has dirty blonde hair, is wearing a taupe miniskirt, white boots and...
"But time is money, mmb..." So is Gold, Squire, as well as its being a store of value, (unlike popular equities past such as Bear Stearns which slid from $159 to $2, or Enron, its skid from $90 to 60¢, or even contemporarily the 35...
We begin straightaway with a set of our hidden microphones still placed after all these years inside the Salzburg clinical offices of Dr. Youara Nichtsogut, noted analyst in the psychosis of precious metals…
As the culturally chaotic -- albeit not (yet?) financially frantic -- year races past, 41 trading weeks now complete, gold just recorded its seventh best, rising 2.1% (27 points) in settling yesterday (Friday) at 1306.
Am I surprised that from exactly one month ago (21 trading days) gold has dropped 100 points from its year-to-date high of 1362.4 (08 September), to yesterday's (Friday's) low of 1262.8 before settling out the week 1278.9? Yes. Am I...
'Tis a bit early to begin crooning the mid-20th century yuletide pop tune "It's beginning to look a lot like Christmas" --(Meredith Willson, '51); but a glance at the above track of gold year-to-date gives the impression that 2017 is...
Gold and silver both have reached down precisely to their respective areas of "price bunching" support: for the yellow metal that's 1300, price settling out the week yesterday (Friday) at 1300.5; for the white metal that's 17.00, the week'...
Brief as our missive is this week, so we deem same for gold's present pullback. Greetings from Squaw Valley, where six months ago we'd better than 22 feet of snow up at High Camp. Yet just as it has melted away, so has gold melted up,...