26 August 2010

Gold and Silver Charts


New futures were issued to holders of call options that were in the money today.

Let's see if the wiseguys try to run the stops tomorrow.

The second estimate of US Q2 GDP will be released tomorrow, with the consensus at 1.4% down from the original 2.4%. Keep an eye on the GDP deflator which is expected to remain steady at 1.8%. The deflator is the broadest measure of price inflation since encompassing all goods and services rather than a basket.

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