The Market Today

Lynn On July 24, 2013 / Daily Market Watch, General Market, Gold, Silver

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

Gold Price Falls Fuel ‘Record’ Bullion Sales

Lynn On July 3, 2013 / Daily Market Watch, General Market, Gold, Silver

Gold price falls fuel ‘record’ bullion sales. BullionByPost (an internet retailer in the UK) said its sales hit $132,796,800 in the year to April, presenting a rise of 58 percent on the previous year. Pre-tax profits are expected to be in the region of $3,052,800, up from

The Impending Storm this Summer

Lynn On June 24, 2013 / General Market, Gold, Silver

The Impending Storm This Summer By: Chris Martenson Global financial markets are now in a very perilous state, and there is a much higher than normal chance of a crash. Bernanke’s recent statement revealed just how large a role speculation had played in the prices of nearly

In the Wake of the Fed

Lynn On June 21, 2013 / Daily Market Watch, General Market, Gold, Silver

In the Wake of the Fed What a move… in the wake of Wednesday’s FOMC meeting, risk assets across the board have sold off in a dramatic fashion. During Federal Chairman Ben Bernanke’s testimony, he stated that should economic indicators continue to improve, the Fed would be

Gold Tumbles to 2½-year Low in Fed Bloodbath

Lynn On June 20, 2013 / Daily Market Watch, General Market, Gold, Silver

Gold Tumbles to 2 1/2-year low in Fed bloodbath. By: William L. Watts and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) — Gold and silver futures closed at their lowest levels in more than 2 ½ years Thursday, a day after Federal Reserve Chairman Ben Bernanke said

Are You Bullish?

Lynn On June 6, 2013 / General Market, Gold, Silver

Are you bullish? “On a medium-to-long-term basis we (Citi) remain very bullish on Gold, As can be seen from the chart, gold has never stayed below that “stairway to hell” for very long. Given that the debt limit number is going to continue higher, a re-emergence of Gold

Bear Market….Reality Check

Lynn On June 3, 2013 / General Market, Gold, Silver

Bear Market….Reality Check Whistleblower Andrew Maguire told King World News that massive global physical demand reveals that gold is in fact in a full-fledged bull market and that the gold bear market theory is simply not valid. Do you believe it? Here is a quick review of his “reality

Don’t Lose Sight of the Facts!

Lynn On May 23, 2013 / General Market, Gold, Silver

Don’t Lose Sight of the Facts! The U.S. national debt is approaching $17 trillion. Unfunded liabilities are more than $123 trillion for entitlement programs alone. The Federal Reserve is unable to raise interest rates anytime soon despite rumors to the contrary. If rates were to rise to

Is This the Bottom?

Lynn On May 21, 2013 / Daily Market Watch, General Market, Gold, Silver

Is this the bottom? Yesterday, Monday May 20th, gold and silver experienced their most violent movements since their shocking two day downturn in mid April. In the extended weekend session, silver broke down below long term major support at $22, a figure not seen since the fall

Silver Shortage – True or False?

Lynn On May 8, 2013 / Daily Market Watch, General Market, Silver

Silver Shortage – True or False? It may feel as if there is a silver shortage, but what are the facts? There is still ample silver available. True. The graph below shows Registered (Read: really there) silver on the COMEX. While it has been in decline for

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