gold

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gold and diamonds

DEAR SIR, OUR COMPANY HAVE 500 KGS OF GOLD IN STOCK AND WE NEED AN URGENT BUYER.  WE ARE READY TO MOVE GOODS TO A REFINERY IN GHANA AND  YOU FLY DOWN TO GHANA, WE CAN DO THE TESTING IN GHANA AND YOU  FLY DOWN TO GHANA SO WE CAN USE ONE OF THE ...

Discussion - godrich mining - Jul 30 2015 - 10:56am - 0 comments - 0 attachments

PM Daily Market Commentary - 7/29/2015

Gold rose +1.50 to 1095.80 on heavy volume, and silver climbed +0.12 to 14.78 on moderate volume.  Gold traded sideways in a range again, nosing down after market open, and then spiking higher briefly after the FOMC announcement at 14:00.  Silver on the ...

Discussion - davefairtex - Jul 30 2015 - 1:25am - 1 comment - 0 attachments

PM Daily Market Commentary - 7/28/2015

Gold rose +0.80 to 1094.30 on heavy volume, and silver climbed +0.14 to 14.65 on light volume.  Gold traded mostly sideways within a relatively narrow range, while silver climbed steadily throughout the day, closing near the high. Gold printed a ...

Discussion - davefairtex - Jul 28 2015 - 8:22pm - 2 comments - 0 attachments

PM Daily Market Commentary - 7/27/2015

Gold fell dropping -4.90 to 1093.50 on very heavy volume, while silver fell -0.20 to 14.51 on moderate volume.  Gold briefly moved above Friday's close in Asia trading, but that only lasted a few hours.  Gold was sold heavily during the London ...

Discussion - davefairtex - Jul 27 2015 - 9:16pm - 6 comments - 0 attachments

PM End of Week Market Commentary - 7/24/2015

On Friday, gold rose +9.00 to 1098.40 on massive volume, while silver  climbed +0.10 to 14.71 on heavy volume.  Both metals made new lows on the day, but ended up reversing into the green, printing some nice-looking hammer candles.  This is the sort of ...

Discussion - davefairtex - Jul 25 2015 - 12:55pm - 14 comments - 0 attachments

PM Daily Market Commentary - 7/23/2015

Gold fell again today, dropping -3.40 to 1089.40 on very heavy volume, while silver fell -0.15 to 1461 on moderate volume.  Both gold and silver broke above yesterday's high in London trading, but then the sellers emerged and pushed prices slowly ...

Discussion - davefairtex - Jul 23 2015 - 11:38pm - 11 comments - 0 attachments

PM Daily Market Commentary - 7/22/2015

Gold fell today, dropping -7.40 to 1092.80 on heavy volume, while silver dropped -0.05 to 14.77 on moderate volume.  Gold mostly retreated today, making a low of 1085.60 before rebounding, while silver mostly traded sideways within a range.  The ...

Discussion - davefairtex - Jul 22 2015 - 7:06pm - 4 comments - 0 attachments

PM Daily Market Commentary - 7/21/2015

After yesterdays gold-pocalypse, gold rose +3.50 to 1100.20 on heavy volume, while silver climbed +0.17 to 14.81 on moderately light volume.  Gold's extremely tepid rebound was made even more pathetic by the plunge in the buck, which dropped ...

Discussion - davefairtex - Jul 21 2015 - 11:09pm - 4 comments - 0 attachments

PM Daily Market Commentary - 7/20/2015

Wow, what a bad day for gold.  It fell -35.60 [-3.14%] on massive volume, with most of the damage happening during the Asia trading session.  Silver was pounded lower too, but it lost a much more modest -0.17 [-1.15%] on very heavy volume.  This ...

Discussion - davefairtex - Jul 20 2015 - 9:44pm - 3 comments - 0 attachments

PM End of Week Market Commentary - 7/17/2015

On Friday, gold dropped -11.50 to 1132.30 on moderately heavy volume, dropping briefly below the 1130 low before rebounding slightly.  Silver fell -0.13, continuing its slow decline targeted on retesting the low set two weeks prior. While the buck ...

Discussion - davefairtex - Jul 18 2015 - 2:07pm - 24 comments - 0 attachments

PM Daily Market Commentary - 7/16/2015

Gold fell -4.70 to 1143.80 on moderately heavy volume, while silver dropped -0.12 to 14.94 on moderately light volume.  Once again, a strong dollar is giving gold heartburn. Gold made a new low today at exactly 08:30 EDT, at the time of the jobless ...

Discussion - davefairtex - Jul 16 2015 - 7:41pm - 5 comments - 0 attachments

PM Daily Market Commentary - 7/15/2015

Gold fell -5.80 to 1148.50 on moderately heavy volume, while silver dropped -0.28 to 15.06 on moderate volume.  Both metals started selling off right at 08:30, the time of the Producer Price Index, which was unexpectedly hot at a 0.4% month/month ...

Discussion - davefairtex - Jul 16 2015 - 1:33am - 3 comments - 0 attachments

PM Daily Market Commentary - 7/14/2015

Gold fell -2.70 to 1154.30 on moderate volume, while silver dropped -0.13 to 15.35 on light volume.  Both gold and silver rallied on the weak retail sales report at 08:30 EDT, but the rally did not last. Gold has been unable to close above its 9 EMA ...

Discussion - davefairtex - Jul 14 2015 - 8:07pm - 0 comments - 0 attachments

PM Daily Market Commentary - 7/9/2015

Gold rose +1.40 to 1158.80 on moderately heavy volume, while silver climbed +0.27 to 15.36 on moderately heavy volume also.  Both metals took off higher mid-day in Asia trading; silver held onto most of its gains, while gold did not. Gold's ...

Discussion - davefairtex - Jul 9 2015 - 10:52pm - 3 comments - 0 attachments

PM Daily Market Commentary - 7/8/2015

Gold rose +3.70 to 1157.40 on heavy volume, while silver rebounded +0.07 on very heavy volume.  Both metals sold off during trading in Asia, with gold making a new low of 1145.90.  Buyers appeared at that price, firmly stopping two attempts to push ...

Discussion - davefairtex - Jul 9 2015 - 3:30am - 3 comments - 0 attachments

PM Daily Market Commentary - 7/7/2015

Gold fell -15.60 to 1153.70 on very heavy volume, while silver was crushed, dropping -0.70 to 15.01 on extremely heavy volume.  Both gold and silver made new lows, with silver breaking 15.25 support and dropping into the mid 14s before rebounding.  The ...

Discussion - davefairtex - Jul 8 2015 - 1:17am - 2 comments - 0 attachments

PM Daily Market Commentary - 7/6/2015

Gold rose +4.10 to 1169.30 on moderate volume, and silver climbed +0.07 to 15.72 on light volume.  Gold opened higher in Asia probably as a result of the Greek referendum results, but was unable to move higher.  Silver looked a bit stronger, but neither ...

Discussion - davefairtex - Jul 7 2015 - 3:26am - 1 comment - 0 attachments

PM End of Week Market Commentary - 7/3/2015

On Friday, the US market was closed for the 4th of July weekend. On the week, gold fell -8.50 [-0.72%], silver fell -0.10 [-0.60%], GDX dropped -2.54% and GDXJ lost -4.10%.  It was another bad week for PM. Gold rallied briefly on the news out of ...

Discussion - davefairtex - Jul 4 2015 - 11:33am - 4 comments - 0 attachments

PM Daily Market Commentary - 7/2/2015

Gold fell -2.60 to 1165.20 on moderately heavy volume, and silver rose +0.13 to 15.65 on moderately light volume.  Gold sold off steadily starting in Asia and London, only to rally sharply immediately following the Nonfarm Payrolls report at 0830 EDT, ...

Discussion - davefairtex - Jul 3 2015 - 2:40am - 20 comments - 0 attachments

PM Daily Market Commentary - 7/1/2015

Gold fell -4.30 to 1167.80 on moderately light volume, and silver dropped -0.14 to 15.52 on moderately light volume also.  Both metals sold off slowly for most of the day; the strong move in the dollar was probably to blame. Although gold avoided ...

Discussion - davefairtex - Jul 2 2015 - 2:45am - 5 comments - 0 attachments