04 May 2015

SP 500 and NDX Futures Daily Charts - Federal Reserve Bubble-nomics

 
The big market mover this week will be the Non-Farm Payrolls report and any developments on the geopolitical financial front in Greece etc.
 
The Fed is pushing the bubble envelope now. 
 
Have a pleasant evening.






01 May 2015

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.