precious metals

Results for precious metals

PM End of Week Market Commentary - 9/23/2016

On Friday gold rose +0.40 to 1341.10 on light volume, while silver dropped -0.17 to 19.77 on moderate volume.  On the week, gold rose +27.90 [+2.12%], silver climbed +0.94 [+4.99%], GDX moved up +4.08%, and GDXJ +3.42%.    Platinum shot up +4.17%, ...

Discussion - davefairtex - Sep 24 2016 - 9:18am - 3 comments - 0 attachments

Will there be a functioning stock market? - 2.0

Hello Everyone, I'd asked this question a few years ago in 2011, at: https://www.peakprosperity.com/forum/will-there-be-functioning-stock-mar... I'd like to ask the question again. Partially because the website seems to ...

Discussion - rl - Sep 23 2016 - 5:18pm - 0 comments - 0 attachments

PM Daily Market Commentary - 9/22/2016

Gold rose +1.70 to 1340.70 on moderate volume, and silver rose +0.03 to 19.95 on moderately heavy volume.  Both gold and silver attempted to follow through from yesterday's rally, but a reversal in the dollar made life difficult for PM. As the ...

Discussion - davefairtex - Sep 23 2016 - 2:48am - 3 comments - 0 attachments

PM Daily Market Commentary - 9/21/2016

Gold rose +20.30 to 1335.00 on heavy volume, and silver rose +0.59 to 19.84 on heavy volume also.  After a brief dip, both gold and silver rose steadily following the BOJ announcement; once the FOMC announced they would do nothing, PM continued rallying ...

Discussion - davefairtex - Sep 22 2016 - 2:38am - 0 comments - 0 attachments

PM Daily Market Commentary - 9/20/2016

Gold rose +1.00 to 1314.70 on light volume, and silver rose +0.04 to 19.25 on light volume also.  PM traded mostly sideways with an upward bias today in a very narrow trading range.  A dollar rally was largely ignored by PM. Today was really quiet - ...

Discussion - davefairtex - Sep 21 2016 - 6:00am - 6 comments - 0 attachments

PM Daily Market Commentary - 9/19/2016

Gold fell rose +3.70 to 1313.70 on moderately light volume, and silver rose +0.42 to 19.21 on moderately light volume also.  Silver had a great day for no reason I could uncover, climbing higher first in Asia, and then spiking up about an hour before ...

Discussion - davefairtex - Sep 20 2016 - 6:20am - 0 comments - 0 attachments

What to do with my 401K?

Hello all, There is a lot of talk on the web these days about an impending market/economic crash. Chris Martenson included. Bubbles are Everywhere in Franken Markets-Chris Martenson By Greg Hunter On September 7, 2016 ...

Discussion - rl - Sep 18 2016 - 12:01pm - 5 comments - 0 attachments

PM End of Week Market Commentary - 9/16/2016

On Friday gold fell -6.10 to 1310.00 on light volume, while silver dropped -0.23 to 18.79 on light volume also.  The CPI report, released at 08:30, seemed to show stronger "core inflation" - this triggered a huge dollar rally.  The buck rose ...

Discussion - davefairtex - Sep 17 2016 - 3:05pm - 4 comments - 0 attachments

PM Daily Market Commentary - 9/15/2016

Gold fell -6.30 to 1316.10 on moderate volume, and silver rose +0.04 to 19.02 on light volume. The weaker-than-expected retail sales report caused gold to first spike higher, but then it reversed, making a new low at 1310.40.  This lined up with the ...

Discussion - davefairtex - Sep 16 2016 - 5:09am - 16 comments - 0 attachments

PM Daily Market Commentary - 9/14/2016

Gold rose +4.20 to 13.22.40 on light volume, and silver rose +0.09 to 18.99 on very light volume.  Gold and silver moved slowly higher for most of the day; a falling dollar did not seem to affect prices one way or another. Today we see gold made a ...

Discussion - davefairtex - Sep 15 2016 - 4:17am - 1 comment - 0 attachments

PM Daily Market Commentary - 9/13/2016

Gold fell -9.60 to 1318.20 on moderate volume, while silver fell -0.09 to 18.89 on moderate volume also. The buck rallied slowly for most of the day; this eventually took its toll on both gold and silver, which hit bottom at a little before 3pm in the ...

Discussion - davefairtex - Sep 14 2016 - 3:57am - 0 comments - 0 attachments

PM Daily Market Commentary - 9/12/2016

Gold rose +0.10 to 1327.80 to 1338.30 on moderate volume, while silver fell -0.07 to 18.98 on moderately heavy volume.  Gold fell for most of the day, but then bottomed out a little after 13:00, during Fed Governor Brainard's much-awaited speech ...

Discussion - davefairtex - Sep 13 2016 - 7:21am - 1 comment - 0 attachments

PM End of Week Market Commentary - 9/9/2016

On Friday gold fell -10.50 to 1327.70 on moderate volume, while silver dropped -0.57 to 19.05 on moderately heavy volume.  Increased concern over an imminent Fed rate rise led to selling pressure in almost everything; gold actually held together better ...

Discussion - davefairtex - Sep 10 2016 - 10:18am - 14 comments - 0 attachments

PM Daily Market Commentary - 9/8/2016

Gold fell -7.40 to 1338.30 on moderately light volume, while  to 1345.70 on light volume, and silver dropped -0.18 to 19.62 on moderately light volume also.  Gold and silver started falling after 08:30 Eastern; it wasn't a huge sell-off, but it ...

Discussion - davefairtex - Sep 9 2016 - 6:05am - 1 comment - 0 attachments

PM Daily Market Commentary - 9/7/2016

Gold fell -5.10 to 1345.70 on light volume, while silver dropped -0.27 to 19.80 on moderate light volume.  A surprisingly bullish JOLTS report (Job Openings & Labor Turnover) triggered a modest sell-off in gold, with silver following afterwards. ...

Discussion - davefairtex - Sep 8 2016 - 4:30am - 5 comments - 0 attachments

PM Daily Market Commentary - 9/6/2016

Gold rose +25.80 to 1350.80 on heavy volume, while silver climbed +0.63 to 20.07 on heavy volume also.  Because of the labor day holiday, today's numbers and the chart combine two trading days into one.  Tuesday, an unexpectedly bearish ISM ...

Discussion - davefairtex - Sep 7 2016 - 4:58am - 0 comments - 0 attachments

PM End of Week Market Commentary - 9/2/2016

On Friday gold rose +11.90 to 1324.90 on moderately heavy volume, while silver climbed +0.55 to 19.44 on moderately heavy volume also.  A disappointing Nonfarm Payrolls report was the cause for the rally; it affected not only gold and silver, but crude ...

Discussion - davefairtex - Sep 3 2016 - 2:01pm - 11 comments - 0 attachments

PM Daily Market Commentary - 9/1/2016

Gold rose +4.60 to 1313.00 on moderate volume, while silver rose +0.24 to 18.89 on light volume.  Gold made a new low, and was looking bearish until the ISM Manufacturing Index report (released at 10:00) unexpectedly showed contraction, for the first ...

Discussion - davefairtex - Sep 2 2016 - 5:33am - 7 comments - 0 attachments

PM Daily Market Commentary - 8/31/2016

Gold fell -2.10 to 1308.40 on moderately light volume, while silver rose +0.06 to 18.65 on light volume.  Gold and silver diverged today, with gold hitting a new low and silver attempting to rally but largely failing. Gold's new low (1306.90) ...

Discussion - davefairtex - Sep 1 2016 - 5:30am - 0 comments - 0 attachments

PM Daily Market Commentary - 8/30/2016

Gold fell -12.60 to 1310.50 on moderately light volume, while silver dropped -0.30 to 18.59 on moderate volume.  A slow but relentless dollar rally took down both gold and silver, with gold making a new low on the day. There was no particular event ...

Discussion - davefairtex - Aug 31 2016 - 5:31am - 8 comments - 0 attachments