Current Thoughts 6/28/2017

Gold up 7 to 1253.30. Silver up .20 to 16.82. JNUG bidding 19.35. USD/JPY fell below 111.90 overnight and back to 112.20 and now falling to 112.08. Still one to watch IMO. But dollar down .29 to 95.89. That’s pretty big news. Break below 93.05 would get gold going finally. Next support for the dollar if we break below 93.05 doesn’t come until 88.15. That would be a big boost to gold and I would expect it to hit some multi year highs during that run. Gold can move up a decent amount very soon.

Go To Buy Gold And Silver Safely Store
About Doug Eberhardt

Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534


Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.

All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.