Comex Gold Silver Product Calendars for 2014

By popular request.

Gold Daily and Silver Weekly Charts - FOMC Week Shenanigans

Gold spiked higher in the morning on a pure flight to safety, but was pushed lower as stocks attempted to rally. Reality versus liquidity?

The FOMC will meet this week, so we might expect the usual FOMC shenanigans, but bear in mind that the big traders are squaring off against the upcoming February delivery.

I do not expect any curve balls from the Fed which is now locked into its mild tapering. Their monetization has clearly failed, being a 'top down' approach to The Recovery, which has exacerbated the strains in the real economy versus the financialized, paper economy.

The gold/silver ratio seems rather high at 63 to 1, and that reflects the fact that gold has led silver up this month in the precious metals rally.  Once silver gets started higher, it may kick in some serious jets and catch up rather quickly.  But one step at a time.  

As solid and well-informed the Bloomberg print reporting may be, their television counterparts all too often have the depth of cackling chuckleheads, with a few notable exceptions.  Well, they do have nice smiles, and so forth.

It really is annoying, but alas, Fox and CNBC are little better.  I have never understood why the US treats visual financial reporting as light entertainment, as compared to Europe and Asia which have a more journalistic approach. 

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Big Tech Week: AAPL, AMZN, FB, GOOG

Stocks had a bit of a wild ride today, as emerging market jitters had them moving solidly lower, with a rising VIX, but the dip buying liquidity crowds tried to bid them up in the afternoon. They finished a bit off.

The FOMC will meet this week, and it is expected to do its normal taper once again.

The big tickle is big tech, as the titans Apple, Amazon, Facebook and Google will be reporting earnings this week.

AAPL reports around 4:30 PM this evening.

Note:  AAPL missed on iPhone sales and warned on the conference call.  Stock is down about 8+% after hours.

Have a pleasant evening.

NAV Premiums of Certain Precious Metal Trusts and Funds

The gold/silver ratio is historically high, as gold leads silver higher so far this year.

I am looking for a return back to the 50's IF the precious metal rally continues, except perhaps if it is driven by a pure flight to safety.

Silver is a wild ride, once it gets its engine started.