NAV Premiums of Certain Precious Metal Trusts and Funds

Premiums are negative to thin.

There is little optimism in the precious metals market as of yet.

Both Registered and Total Gold Fall To New Lows At the Comex

Prior lows have marked meaningful market trend changes.

Stand and deliver.

Weekend Viewing: Quo Vadis, Domine?

Memories of a Walk on the Appian Way, Some Years Ago




Epub: Quo Vadis: A Narrative of the Time of Nero by Henryk Sienkiewicz

Gold Daily and Silver Weekly Charts - Bear Raid as Expected for Non-Farm Payrolls Day

The expected bear raid showed up right on cue.

Scroll down for intraday commentary on the Non-Farm Payrolls Report and the precious metals action.

See you Sunday evening.

SP 500 and NDX Futures Daily Charts - Holiday Hijinx

Light trade, allowing for the old dipsy doodle.

Have a pleasant weekend.

NAV Premiums of Certain Precious Metal Trusts and Funds

I suggested that the metals would be hit with a bear raid today, and so they were.

The Jobs number was a bit hollow, as noted in the blog entry below this.

There will be no sustained recovery until most workers can reasonably maintain a livable wage with healthcare benefits.

And the Fed and the government will continue to support a broken system that sustains and rewards them, because that is in their own short term, selfish interests. That is the credibility trap.