Posts Tagged ‘Equities’
Gold and Oil News - March 12, 2013 23:13
Gold Sniffs $1600, Settles Higher
After days of bumping up against the $1585 per ounce level gold finally pushed through it in a burst this morning during European session to take a couple of stabs at $1600 before the bulls gave up and rode the day out between $1590 and $1595. Looking at the chart it is obvious that $1585 […]
Volatile Gold Settles Higher
What a day in the gold pits. Right from the opening of the COMEX pre-market prices began breaking lower as the daily raid commenced right on schedule.  The problem was the bulls were lying in the weeds and sent the price back towards $1580 which needed to be defended. It was until the opening of […]
The Fed Returns to Saying Nothing and Markets Drift Lower
The FOMC statement released this afternoon went back to reiterating that nothing has changed, they will continue to keep things rolling along they way they are: ZIRP until at least mid-2015, because there are still some people in the U.S. that have some savings and that just will not do. Operation Twist will continue until […]
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