Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Everybody’s a precious metals bear, So … gold and silver prices surge

Posted on 05 December 2013

The prices of gold and silver surged higher Wednesday afternoon because … well, why? The dollar is down on the day. Gold’s price tends to benefit when that happens. But beyond that there’s a dearth of explanations except, well, It’s time.
Dow Jones Newswires’ headline is “DJ Gold Rockets Up $20 As Bearish Traders Grow Nervous.” It’s a cousin of the old “Stocks fell because of selling pressure.” It’s never wrong, it’s not very satisfying, and it’s utterly believable after a 27% YTD selloff………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930