China Takes 50.8 Tonnes of Gold From the Shanghai Exchange In Latest Week

There is a steady flow of physical gold to strong hands in Asia, the Middle East, and Russia.

Gold Daily and Silver Weekly Charts - April Non-Farm Payrolls Next Week

There was intraday commentary on the mispriced risks in the equity (and bond) markets here.

Gold was hit for a slight loss, but silver tended to hold its own in a 'active month.'  I have included the silver delivery and warehouse report below.  

 

There was also a set of graphs showing individual warehouse levels for silver posted intraday here. 

Today was Mayday so many of the gold buying nations were otherwise occupied.

 

I suspect the big tickle next week will be the Non-Farm Payrolls report for April.

 

I have included the economic calendar for next week below.

Have a pleasant weekend.

 

 

SP 500 and NDX Futures Daily Charts - Cynical Trade

These are markets characterized by light volumes, an overabundance of market antics, an interfering bubble prone Fed, and plenty of mispriced, hidden risks.

Not exactly the perfect place for the casual investor.

Have a pleasant weekend.