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The master predicament that remains unaddressed

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Deflation Is Winning – Beware!
Expect the ride to get even rougher

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Off The Cuff: The Fault-Ridden Fed
Worrying about all the wrong things

Gold & Silver Update

On Friday, gold rose +7.10 to 1095.00 on heavy volume, while silver climbed +0.06 to 14.76 on moderately heavy volume.  Both metals sold off steadily during the Asia and London sessions, but rose abruptly once the ECI (Employment Cost Index) report was released at 08:30 EDT - the dollar tanked hard, and that drove both gold and silver higher....

Today's Market

Gold
1,096.21
H 1,097.18
+2.95
L 1,092.35
+0.27%
Silver
14.76
H 14.79
+0.02
L 14.71
+0.11%
Crude Oil (Brent)
52.21
H 51.97
-1.46
L 51.49
-2.74%
S&P 500
2,103.84
H 2,114.24
-4.79
L 2,102.07
-0.23%

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