13 April 2015

Gold Daily and Silver Weekly Charts - Meaningless Drama at the Bucket Shop

It was all quiet at the Bucket Shop on the Hudson as gold oscillated between 1198 and 1204, keeping nicely to the key round number of 1200.

Volumes were light and the data from leverage land was inconsequential.  So inconsequential that they didn't bother reporting any on the latest delivery report.
There was little action in the gold warehouses, and the usual Brownian motion with silver bullion, that is, lots of activity but little net change.

I imagine things might pick up later this week. Today was not even worth watching. Even the rumours were so off the wall as to be inconsequential.
Have a pleasant evening.