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2019-01-23 07:26:05| GoldSeek.com News

Gold and silver are steady. Trumps top economic advisor is looking for commitments from China for a trade deal. Uncertainties over a trade deal will prevent gold from a big sell off. Right now the trend in gold is neutral. Silver needs to trade over $1500 to be in a bullish zone. Day traders are on the sidelines. Long term investors are using sharp dips to invest in gold. Some large fund managers who have never invested in gold have started buying physical gold.


Category: Investing

 

2019-01-23 07:26:05| GoldSeek.com News

Ive bent over backwards lately second-guessing my permabear side, on a hair-trigger as I wait for the short squeeze from hell to begin. Instead, the Masters of the Universe who supposedly control the stock market like its a PlayStation game can barely muster a decent rally other than fleeting ones on the opening bar. Have I perhaps overestimated the sleazeballs?


Category: Investing

 

2019-01-23 07:26:05| GoldSeek.com News

Palladium might not fill headlines the way gold does, but its been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke through $1,400 an ounce last week before pulling back somewhat. From its 52-week low set in August, palladium has climbed almost 70 percent. Its added about 16 percent in the past 30 trading days alone.


Category: Investing

 

2019-01-22 22:26:52| GoldSeek.com News

Gold dipped $3.80 to $1276.90 in holiday thinned trade yesterday before it bounced back to $1284.90 in Asia today and then dropped back under unchanged in late morning New York action, but it then climbed to a new session high of $1285.40 near the close and ended with a gain of 0.3%. Silver rose to as high as $15.348 and ended unchanged on the day.


Category: Investing

 

2019-01-22 22:00:00| GoldSeek.com News

Gold and silver both hold key support level of lower Bollinger Bands.


Category: Investing

 

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