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And poised to re-price upwards from here

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The Case For Owning Physical Gold Now
When physical stocks are empty, paper gold will be worthless

Gold & Silver Update

Gold closed up +2.30 to 1249.70 on moderately heavy volume; silver was up +0.08 to 17.50 on moderate volume.   Gold tried rallying twice today at one point hitting 1255.60 and breaking through its 50 MA, but it failed to hold onto its gains and sold off into the close, printing an inverted hammer on the day.  Silver for once outperformed gold...

Today's Market

Gold
1,240.95
H 1,249.33
-7.76
L 1,240.67
-0.62%
Silver
17.16
H 17.53
-0.37
L 17.13
-2.09%
Crude Oil (Brent)
83.05
H 84.05
+0.24
L 82.29
+0.29%
S&P 500
1,927.11
H 1,949.31
-14.17
L 1,926.83
-0.73%

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