Price Drivers For 4th Quarter

By:  John Fisher   As I write this, gold has rebounded up $29.10 from yesterdays close to $1317.60 and silver has risen $.63 to $21.90.   All of us gold and silver investors will see ongoing economic uncertainty over the next couple of weeks – all of which should

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Upcoming Supply Crunch

There is an upcoming gold supply crunch! The World Gold Council (WGC) just released its quarterly “Gold Demand Trends” report, which examines trends by sector and geography. This report is one of the few reports available on worldwide gold supply and demand. The most critical element of

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Consolidation and Liquidation

Consolidation and Liquidation After an impressive two week run up, gold and silver are now consolidating as they wait to digest tomorrow’s FOMC minutes.  At the tail end of last week, gold was able to break through $1,350 resistance.  Stops were triggered and it made its way

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Selling Pressure

Selling Pressure With stops being triggered overnight at the psychological figure of $1,300, gold led the precious metals complex lower.  After failing ahead of key resistance at the end of July around $1,350 (the 23.6% Fibonacci retracement level of the all time high made in Sep 2011

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The Market Today

The Precious Metals Market Today Regarding the precious metals market today: Following Monday’s big rally, Tuesday gave us a quiet morning as the market digested the gains and drifted lower. After a few probes lower, gold found very good buying interest and took silver along for the

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