Viewing articles by J. Johnson

Posted by & filed under General Editorial.

Great and Wonderful Tuesday Morning Folks,       Gold is being hammered upon with the trade at $1,571.90 down $10.50 after being knocked down to $1,569.10 with the high to beat at $1,584.50. Silver is doing the opposite (ok, not leading Gold lower this time), with the trade up 1 penny at $17.68, recovering from the… Read more »

Posted by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,      The precious metals algo’s are doing their very best to tell you there is nothing to worry about with Gold trading at $1,583.90 down $4 and recovering after being knocked down to $1,577.70 which occurred only after Gold spiked at the open, reaching $1,598.50, that is before the… Read more »

Posted by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,        Gold did wonderful during yesterday’s trade, yet before the very restart of the night session, Gold was pushed lower than the Comex close. Comex uses the 10:20 am pst price as a closing number as ICE (International Commodity Exchange) closes much later in the day at 3 pm… Read more »

Posted by & filed under General Editorial.

Great and Wonderful Thursday Morning Folks,      Gold has turned sharply higher the day after the January Deliveries closed out with April Gold now at $1,585.50, up $9.50 after reaching $1,588.00 with the low at $1,580.00. To me, Silver is leading this mornings push thru the “fix” with the March contract at $17.735, up 24.8… Read more »

Posted by & filed under General Editorial.

Great and Wonderful Wednesday Morning Folks,      Gold is trading in the positive with the April contract at $1,575.90, up 10 cents after hitting $1,577.40 with the low at $1,567.90. Silver is in the green as well with the March contract at $17.475 up 1.7 cents after hitting $17.515 with the low at $17.280. The… Read more »

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Great and Wonderful Friday Morning Folks,       Gold is never allowed to trade higher during the contract rollovers, with April Gold now at $1,564.30, down $7.30 and close to the low at $1,562.90 with the high to beat at $1,568.90. Unlike other precious metals posts out there, when the Open Interest in the front month… Read more »