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Gold and silver prices: Mapping short term volatility

Posted on 27 September 2013

After years of paying attention to the price action and not the mainstream market commentary — thanks in large part to Ted Butler and GATA — here are some of the dominate forces that currently seem to be determining price movements in the precious metals:Downside Probability.
Jobs data comes out every few weeks. This almost always puts downside pressure on the market, with about a 90% probability. Also, presidential press conferences tend to have a 70% downside probability. The powers that suppress the precious metals prices cannot have metals surging while the president speaks………………………………………..Full Article: Source


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