Markets Closed, Gold Drifts Sideways - October 30, 2012 0:29

With Halloween falling on a Wednesday this year this may be another opportunity for some kind of dislocation in the Gold market as the November contract expires on that day.  I say this because of what happened the last time the month ended on a Wednesday, the Leap Day massacre that dropped Gold by more […]

Gold Ends Strong, Still Off $10 for the Week - October 26, 2012 23:08

The evening rise in Gold was cut short early last night around midnight EST where data coming out of Europe spooked the market back down towards $1700 and for the third time in three days, the level held.  U.S. GDP data sent the metal higher on the COMEX open and it again took a run […]

Yuan Hits All-Time High Vs. The Dollar - October 11, 2012 23:20

Slowly but surely the Federal Reserve and the U.S. Treasury Department are getting what they want, a weaker U.S. Dollar (AMEX:UUP).  If you were to watch the trade-weighted USDX you might not see it as it is being managed on practically a tick for tick basis these days.  Headlines are timed to ensure that the […]