Oct
16
2014

Gold and Silver Outlook 10-16-14

  Gold and silver couldn’t really make up their mind today just as I couldn’t yesterday in trying to figure out their next direction when I said my crystal ball was foggy.┬áThe scores remained the same with silver falling back to -100. 10 Year Treasury Yields and the Fed I’ve been mentioning from time to time the fact I thought …

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Oct
13
2014

Gold and Silver Outlook 10-13-14

Opposite of the question I asked yesterday is the question today, does gold lead the miners? It seems that today we saw that kind of action with the gold score breaking into the positive for the first time in awhile. This may be worth a short term play on the miners like GDX, NUGT, or JNUG depending on your risk …

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Oct
10
2014

Gold and Silver Outlook 10-10-2014

Friday’s Gold and Silver Outlook for Current Thoughts on gold and silver will be moved to Sunday afternoon/evening. Most investors want to know what is going to occur the next day and a recap of what occurred on Friday doesn’t help an investor since the markets are closed for the weekend. Including with the recap of Friday what is going …

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Oct
9
2014

Gold and Silver Outlook 10-09-2014

Gold and silver both continued to move higher today, however just like two days ago, gold miners took it on the chin with another triple digit losing day for the DOW. The DOW lost 334 points marking its worst day of the year. The question one might answer, at least for today, was physical gold a safe haven today? I’d …

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Oct
8
2014

Gold and Silver Outlook 10-08-2014

I wrote an intraday report today with gold at $1,215. Gold finished up $6 higher from that intraday report where I said “This could be the catalyst for a move higher for the metals, but by no means the end of the current downtrend.” Below you can see where gold closed and its jump up after the Fed minutes came …

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Oct
8
2014

Gold and Silver Intraday Outlook 10-08-2014

I should have noted that there was a release of notes today from the most recent Fed meeting. These releases, as well as the day the Fed announces, are usually volatile days for the markets, including gold and silver. Today was no different. Gold and silver each had a nice spike up when it was revealed by some of the …

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Oct
7
2014

Gold and Silver Outlook 10-07-2014

In yesterday’s Current Thoughts I noted that because of increased sales we “may mean a continued move up tomorrow and the possibility of some short covering if indeed we do get a move higher.” We did get a small move higher today in gold and silver hit $17.60 but fell from there. What was interesting is the mining stocks did …

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