Though the year isn’t over nor have the financial issues disappeared there were high expectations for 2013 for the commodities to simply explode to new highs. The physical market may be booming but it is the paper market and derivatives which seem to be severely manipulated. Gold recoups $6.70 @ $1,3713.30 while Silver inches up...

Weakness in gold and silver is leading to robust demand globally as investors buy on this dips. Most evident in Asia where premiums are high and supply imbalances remain. The strong demand began on the price falls in April. Data released by the London Bullion Market Association (LBMA) yesterday shows the result. The price falls...

After the Memorial Day Holiday in the United States things started off with a bang, as numbers improved in the USA measuring confidence and economic activity. As a result the metals were subdued but the question remains why? With governments around the world slashing interest rates, the table is being set for hyper-inflation. It is...

China‘s demand for gold jumped 20% in the first quarter of 2013, while global gold demand overall slid 13% with a dramatic change in demand from paper to physical. Chinese demand in gold more than doubled the five-year quarterly average of 43.8 tonnes. Central banks added to their reserves for the ninth consecutive quarter. But...

Gold and silver tried to test the upper end of their ranges yesterday but have yet again lost momentum on the upside. Gold has been a steady favorite vs. silver, with the white metal losing momentum yet again as it neared $24.00 keeping the XAU/XAG ratio near its three-year highs @ around 62. Gold down...

Silver has cracked the $24.00 level which yesterday was extremely solid. We now look to sell rallies to $24.20 and look for support towards $23.20. Likewise gold held $1460 yesterday and if that breaks we expect a sharp move with support $1420-1445. Physical interest is starting to wane, with Asia out on holidays, and a...

What a day as Gold slammed an additional $149.10 @ 1352.00/USD/OZ, it did breech USD$1350 at one point. While Silver gets beat up as well down $3.90 @ 22.65USD/OZ after testing $28 /OZ the previous week. No commodity was immune as even Oil was slashed $3.90 to $87.39USD/Barrel. There may be something sinister brewing as...

What a difference a day makes as disappointing numbers in retail sales sends the metals reeling! Gold slammed $60.90 @ 1504.00/USD/OZ, it did breech USD$1500 at one point. While Silver gets beat up as well down $1.35 @ 26.34USD/OZ while testing $28 /OZ the previous day. The market seems to be telling us that the...

Precious metal markets probed lower overnight but good Asian related buying in gold, appears to have stabilized for the time being. New York open shows gold firmer up $5.10 @ 1563.40/USD/OZ, while Silver is down 0.06 cents @ 27.60USD/OZ. Lot of attention recently has been focused on the Bitcoin, a virtual currency, not tied to...

With all the confusion in this World and saber rattling of potential conflict on the Korean Peninsula, Gold is off USD$6.00 to 1546.80/USD$/OZ; after hitting a recent high of UD$1607.The Manipulators are out there continuing to take individuals out of their long positions to cover their shorts. How did Greece, Cyprus, Spain, Italy and issues...

With the Government in Cyprus voting to repeal a onetime levy on bank deposits by order of the IMF and Eurozone, the Nation faces bankruptcy.  Citizens are ready to pull their money and run the banks for fear of losing everything. Little do they realize that the real value of money is not worth the...

With Cyprus voting to apply a onetime levy on bank deposits by order of the IMF and Eurozone, as a condition for a Bank Bailout of $10billion, Gold responds positively up USD$12.40 to 1605.00/USD$/OZ; Silver was unchanged holding @ $28.85USD/OZ. Meanwhile Oil dipped below to $0.90 to $92.55USD$/barrel. I was just told the Cyprus Banks...