Oct
29
2014

Gold and Silver Outlook 10-29-14 – Midday Report

The Fed has spoken and as I wrote in yesterday’s Current Thoughts that the Fed won’t do anything. Specifically I said; My guess is the Fed will NOT tip their hand tomorrow and QE will come to an end, but I do think that when the minutes come out in a couple weeks, it will show more discussion on whether …

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Oct
28
2014

Gold and Silver Outlook 10-28-14

We got some volatility today with gold and silver as they bounced off their most recent lows slightly, but it was the miners that made the biggest moves. JNUG did break to a new 52 week low but both GDX and NUGT only came within a few cents of their lows before marching higher. I had said in yesterday’s report …

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Oct
27
2014

Gold and Silver Outlook 10-27-14

As mentioned in yesterday’s thoughts, gold and silver are struggling to catch footing and the miners I mentioned last week were set to break their 52 week lows again. GDX closed just above its 52 week low. JNUG closed just above it’s 52 week low but is under it after hours. NUGT is also just above its 52 week low. …

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Oct
22
2014

Gold and Silver Outlook 10-22-14

This morning I added a note to last nights Current Thoughts about what gold did overnight in Asia and Europe as well as at the open here in the U.S. Here is what I said around 6:30am PST. 10/22/2014 MORNING UPDATE Gold never did follow through higher and the miners are all gapping down. CPI came in as expected but …

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