06 July 2016

Gold Daily and Silver Weekly Charts - PMs Looking Good With Peak Bonds and Dodgy Stocks


Gold was booming this morning, but as stocks turned around in a short squeeze gold gave back some of its early gains but still finished higher for the day, and a new high for the year.

I was out from late morning to late afternoon and so I missed the comments on the Fed minutes.  No great loss.

The warehouses were quiet yesterday.

Non-Farm payrolls on Friday.

Have a pleasant evening.