Europe or Presidential Debates – Which Moves the Market?

Lynn On October 4, 2012 / Daily Market Watch, General Market, Gold, Silver

Europe or Presidential Debates – Which Moves the Market? The European Central Bank (ECB) left interest rates unchanged today as President Mario Draghi waits to see if Spain does indeed ask for help before the weekend. The Iberian country is still deliberating on it if wants to

Catch Your Breath

Lynn On September 24, 2012 / General Market, Gold, Silver

Catch Your Breath International Investors have moved back into the US treasury market as they sought shelter from the global slowdown. Data out of Europe shows the economy is slowing, and Chancellor Merkel seems to be losing patience with her fellow leaders as Spain continues to drag

Which Way Will It Go?

Lynn On September 12, 2012 / Daily Market Watch, General Market, Gold, Silver

Which Way Will It Go? After a meteoric rise in the last few weeks, the precious metals were propelled even higher at the end of last week as employment figures, or rather, unemployment figures, jolted the markets. Lower wages, less hours, and lower payrolls gave further credence

Proceed With Caution

Lynn On September 6, 2012 / Daily Market Watch, General Market, Gold, Silver

Proceed With Caution We are off to the races. Gold just broke the $1,700 ceiling as it prepares to move higher. Silver has settled nicely above $32 where it will probably (or should) pause to catch its breath. Too much too fast is not good for anyone,

No News from Jackson Hole

Lynn On August 30, 2012 / General Market, Gold, Silver

No News From Jackson Hole Gold surged 3.3 percent last week. Prices this week have been basically flat. The S&P 500 Index has declined modestly from its highs of a week ago (can anyone tell me why the markets are trading at these levels – are things

Taking a Breather

Lynn On August 29, 2012 / Daily Market Watch, General Market, Gold, Silver

Taking a Breather After a very impressive rally in the precious metals over the last week, all four were taking a breather yesterday (Tuesday) as they consolidate and become accustomed to these higher trading ranges. It would not be surprising to see a bit more of a

Off to the Races??

Lynn On August 23, 2012 / Daily Market Watch, General Market, Gold, Silver

Off to the Races? All Things Considered – John’s Commentary: Action to take: We all have to accept that the primary trend in both gold and silver is up – resulting in higher prices. We all want bargains, but if you believe in higher prices,

“Where Else Am I Going to Put It?”

Lynn On August 15, 2012 / General Market, Gold, Silver

Where Else Am I Going to Put It? I have a series of questions I always ask prospective clients as part of my commitment to offer the very best advice, even if it does not result in a sale. One of those questions is “What has caused

Silver Breakout Imminent – But Which Way?

Lynn On July 31, 2012 / General Market, Silver

Silver Breakout Imminent – But Which Way? Silver is setting up for a breakout very soon. In the graph below, we have a ‘declining wedge’ formation – typically very bullish. Silver will eventually penetrate the support (lower) or resistance (upper) red lines. It has to and it

Central Banks on Buying Spree

Lynn On July 25, 2012 / General Market, Gold, Silver

Central Banks on Buying Spree Central banks are buying more gold than any year since 1964. Why do central banks buy gold? Because they know that gold is the only protection for their reserve deposits against the relentless printing of all world currencies, including their own. Now,

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