By Turd Ferguson | Thursday, October 11, 2018 at 10:27 am
Comex Digital Gold is making another attempt at a first close north of its 50-day moving average since April 23. A rallying CNY, lower interest rates, a low CPI and a carryover safe haven bid from yesterday are all prompting today's move.
By Turd Ferguson | Wednesday, October 10, 2018 at 10:45 am
Late yesterday, President Trump stated that The Fed was moving too fast on hiking the fed funds rate. Now today, the PPI comes in slightly softer than expectations. What an interesting set of circumstances for Chief Goon Powell.
By Turd Ferguson | Friday, October 5, 2018 at 12:47 pm
Our pal Ronni Stoeferle and his friends at Incrementum AG have just released the latest chartbook update in their "In Gold We Trust" series. Over the weekend, be sure to spend some time looking over this very valuable information.
By Turd Ferguson | Thursday, October 4, 2018 at 10:22 am
Even though there are mentions of a blowout BLSBS number tomorrow...and even though interest rates continue to rise...Comex gold and silver are bouncing back today and once again positioning themselves directly below their respective 50-day MAs as we move toward the end of the week.
DISCLAIMER: The charts and analysis provided here are not recommended for trading purposes. Trade at your own risk. The Turd provides knowledge not direction. Turd holds no liability for your trades and decisions but he's happy to take credit when credit is due, particularly through the "donate" button. Read more...