31 May 2012

Gold Daily and Silver Weekly Charts - Brownian Motion


Here is a summary of what the spokesmodels said about precious metals today.

Yada-yada. Yada yada yada.

Non-Farm Payrolls report tomorrow will dominate the short term action perhaps depending on how the number comes in, but the real driver remains the sovereign debt situation with eyes on Greece and Spain in pariticular.

The Greek election mid month may provide some indication of their willingness to accept austerity, or not.



Random and Essentially Meaningless Movement of the Gold Price as Perturbed By High Frequency Bombardment