17 June 2013

Gold Daily and Silver Weekly Charts - Guess Who's Coming To Dinner?

Paper versus physical.

Intraday commentary on the widening gold premiums in Vietnam here. It will be more impressive when we see the same type of explosive demand in a few other countries. Until then it is what it is.

But on the whole, it's not nice to fool Mother Nature.

Here is an analysis of tomorrow's two day FOMC Meeting from Tim Duy that is fairly comprehensive. 

As for what is going on in the markets, there will be an inevitable reckoning. Guess who's coming to dinner?