27.09.2013 - Gold and silver prices: Mapping short term volatility
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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