28 March 2016

Gold Daily and Silver Weekly Charts - Very Quiet Trade after Overnight Flash Crash


There was a 'flash crash' in the very quiet overnight, but gold managed to gain it back and then come, closing positive on the day.

Silver was quiet, holding its ground.

The Bucket Shop was delivery quiet last Friday, and there was a little bullion sloshing around in the warehouses as you can see below.

The subprime auto loans are starting to shift to the failure side, which is of concern to those chasing yield.

Bernie Sanders raised some eyebrows with landslide wins in three Western states over the weekend, and a big jump in public donations to his campaigns.

Today was largely a placemarker for the precious metals.

Non-Farm Payrolls report on Friday.

Have a pleasant evening.