05 December 2012

Gold Daily and Silver Weekly Charts - Take Five, Dave


More nonsense, most of it not substantial.

Goldman came out with some babytalk about gold today. They tend to fade their advice to their customers for their own book so I think it is bullish.

FOMC meets next week. I think they will make a significant change to their quantitative easing program now that the election is past. It will probably involve more balance sheet expansion.

Dave Brubeck passed away today.




SP 500 and NDX Futures Daily Chart - Remembering Dave Brubeck


AAPL weighed heavily on tech today as analysts reports sparked profit taking.

More fiscal cliff boogie woogie. This is likely to continue until December 21.

FOMC meeting next week.