gold

Results for gold

PM Daily Market Commentary - 4/23/2014

Gold closed up +1.50 to 1284.60 on moderate volume, silver was up +0.06 to 19.45 on moderately heavy volume.  Both metals traded in a narrow range today, basically moving sideways on reasonably good volume. The dollar was relatively volatile ...

Discussion - davefairtex - Apr 24 2014 - 1:04am - 0 comments - 0 attachments

80% real estate; 20% mutual funds

80% real estate; 20% mutual funds Hi all, My friend and colleague in his early 40's has invested as follows: 80% real estate: 1 condo in a Colorado ski town, 2 houses in Golden, Colorado, 1 house in Burlington Vermont - all are being ...

Discussion - HughK - Apr 23 2014 - 10:02am - 1 comment - 0 attachments

PM Daily Market Commentary - 4/22/2014

Gold closed down -7.20 to 1283.10 on moderately heavy volume; silver was off only -0.05 also on moderately heavy volume.  Gold traded sideways until 0800 EDT in NY, at which point it tipped over and starting to sink.  Low for the day was 1275.80, a ...

Discussion - davefairtex - Apr 23 2014 - 1:13am - 1 comment - 0 attachments

PM Daily Market Commentary - 4/21/2014

Gold closed off -4.30 to 1290.30 on moderate volume - silver was down -0.21 also on moderate volume.  Gold was hammered early in asia trading hitting 1281.60 at one point, but it then rallied steadily into the close in NY.  Silver was hammered harder in ...

Discussion - davefairtex - Apr 22 2014 - 2:01pm - 1 comment - 0 attachments

PM End of Week Market Commentary - 4/18/2014

This week gold was off -23.80 [-1.81%] silver down -0.31 [-1.51%] GDX -2.68% and GDXJ -5.15%.  On Tuesday gold sold off quite hard.  To me this was not entirely unexpected, since gold had been rallying on declining volume, which is generally not a ...

Discussion - davefairtex - Apr 20 2014 - 7:00pm - 33 comments - 0 attachments

PM Daily Market Commentary - 4/17/2014

Gold closed off -7.70 to 1294.60 on moderate volume - silver was up +0.02 on moderate volume.  Gold more or less moved slowly lower today, while silver traded sideways within a relatively narrow range.  From the standpoint of the metals, the ...

Discussion - davefairtex - Apr 17 2014 - 10:35pm - 3 comments - 0 attachments

PM Daily Market Commentary - 4/16/2014

Gold closed down -0.40 to 1302.30 on moderately heavy volume - silver was up +0.05 to 19.63 on moderate  volume.  Gold traded sideways within a small trading range, while silver moved around a bit more, trying to rally along with copper at around ...

Discussion - davefairtex - Apr 17 2014 - 12:04am - 0 comments - 0 attachments

PM Daily Market Commentary - 4/15/2014

Gold closed down -24.40 to 1302.70 on extremely heavy volume - silver was off -0.38 to 19.58 also on extremely heavy volume.  The shorts started in on PM early in asia trading, and as the day wore on, they kept hammering gold until the price finally ...

Discussion - davefairtex - Apr 16 2014 - 1:06am - 4 comments - 0 attachments

PM Daily Market Commentary - 4/14/2014

Gold closed up +8.70 to 1327.10 on moderate volume; silver was unchanged at 19.96 also on moderate volume.  Gold opened up about $10 in Asia, likely because of the news from eastern Ukraine over the weekend - all those well armed but Definitely Not ...

Discussion - davefairtex - Apr 15 2014 - 12:33am - 2 comments - 0 attachments

PM End of Week Market Commentary - 4/11/2014

On Friday, gold was up +0.30 to 1318.40 on light volume; silver was down -0.07 to 19.96 on moderate volume.  Both gold and silver traded mostly sideways within a tight trading range.  It wasn't very interesting. Gold has slowly and steadily ...

Discussion - davefairtex - Apr 12 2014 - 4:07pm - 0 comments - 0 attachments

PM Daily Market Commentary - 4/10/2014

Gold closed up +5.40 to 1318.10 on moderate volume; silver was up +0.18 to 20.03 on heavy volume.  Both metals steadily rose up until the jobless claims report was released at 0830 EDT; the unexpectedly positive report caused gold to sell off, and ...

Discussion - davefairtex - Apr 11 2014 - 9:18am - 0 comments - 0 attachments

PM Daily Market Commentary - 4/9/2014

Gold closed up +4.70 to 1312.70 on 1308 on moderate volume; silver was down -0.21 to 19.85 on heavy volume.  Both metals sold off during London trading, bottoming before the open in NY.  Silver was especially hard-hit, touching 19.60 at one point on ...

Discussion - davefairtex - Apr 9 2014 - 7:28pm - 2 comments - 0 attachments

PM Daily Market Commentary - 4/8/2014

Gold closed up +11.10 to 1308 on moderate volume; silver was up +0.20 to 20.06 on heavy volume.  Both metals broke higher towards the end of the Tokyo session with gold in the lead.  Gold managed to set a new cycle high, while silver did not.  Neither ...

Discussion - davefairtex - Apr 9 2014 - 10:33am - 0 comments - 0 attachments

PM Daily Market Commentary - 4/7/2014

Gold closed down -5.40 to 1296.90 on light volume, while silver was down -0.09 to 19.86 on very light volume.  As suggested by the volume, trading in PM was pretty lackluster today - not much happened of note. The dollar sank, closing off ...

Discussion - davefairtex - Apr 8 2014 - 1:52am - 0 comments - 0 attachments

PM End of Week Market Commentary - 4/4/2014

On Friday, gold rose +15.70 on moderately heavy volume to 1302.30. Silver closed up +0.13 to 19.95 on moderate volume.  When the nonfarm payrolls report was released at 0830 EDT there was some serious volatility, where a large number of both longs and ...

Discussion - davefairtex - Apr 6 2014 - 11:15am - 14 comments - 0 attachments

PM Daily Market Commentary - 4/3/2014

Gold closed down -3.30 to 1286.60 on light volume, while silver was down -0.15 to 19.83 on light volume as well.  Both metals tried rallying in asia, and then sold off shortly after London opened.  Neither metal made new cycle lows today, but the ...

Discussion - davefairtex - Apr 3 2014 - 7:52pm - 0 comments - 0 attachments

PM Daily Market Commentary - 4/2/2014

Gold closed up +9.90 to 1289.90 on moderate volume, while silver was up +0.24 to 19.98 on moderately heavy volume.  From the open in asia, gold slowly moved higher and finally broke out above 1288 (yesterday's high) around 5am ET on a big volume ...

Discussion - davefairtex - Apr 2 2014 - 11:12pm - 1 comment - 0 attachments

PM Daily Market Commentary - 4/1/2014

Gold closed down -4.50 to 1280.00 on light volume; silver was down -0.01 to 19.74 also on light volume.  Once again gold traded downhill today, forming a series of intraday lower highs and lower lows that are characteristic of a downtrend.  Really ...

Discussion - davefairtex - Apr 1 2014 - 11:43pm - 0 comments - 0 attachments

PM Daily Market Commentary - 3/31/2014

Gold closed down -10.40 to 1284.50 on moderate volume; silver was off -0.07 to 19.75 on light volume.  Gold traded sideways into NY, where it more or less sold off modestly for the rest of the day, making a new low at 1282 before rallying just a bit ...

Discussion - davefairtex - Mar 31 2014 - 9:58pm - 0 comments - 0 attachments

PM End of Week Market Commentary - 3/28/2014

On Friday, gold rose +3.60 on heavy volume to 1294.90. Silver closed up +0.12 to 19.83 on moderate volume.  The shorts pushed gold lower immediately before the New York open, making a new low of 1286.10 before rebounding and closing slightly higher on ...

Discussion - davefairtex - Mar 30 2014 - 8:09pm - 1 comment - 0 attachments