Federal Reserve
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Daily Market Report 4/26/16
GOLD Gold continues to consolidate in the $1,230 to $1,245 per ounce price level. The strength of the Silver price and speculation about the Federal Reserve not raising interest rates has supported the price. I believe Gold will make another attempt to break the $1,250 per ounce level by Friday. At 11am PDT today, Gold is up $3, trading at...(Read More) -
Daily Market Report 4/25/16
GOLD Gold is moving higher today, as the U.S. Dollar weakens versus the Euro and Yen. Traders are optimistic about the Federal Reserve statement due out later this week. At 11am PDT today, Gold is trading at $1,239 per ounce, up $9 on average volume. SILVER The sellers took the price of Silver down to $16.80 in early Asian...(Read More) -
How and Why Janet Yellen is driving the Gold Train Much Higher
(Read More)If you ever wanted to know if lower and lower interest rates for longer and longer helps to prop up the value of gold, look no further than Federal Reserve Chair Janet Yellen’s speech on Tuesday, March 29, 2016 . . . .
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Yellen restores faith in gold
(Read More)At a stroke, Janet Yellen revived gold investors’ faith in the metal and the miners who produce it...
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