Free Archive
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December 9, 2023 – Weekly Review
No Friday rally this week, as gold prices fell sharply, by $70 (3.3%), while silver prices were absolutely annihilated by $2.57 cents (9.9%). Silver prices fell every day this week. As a result of the extreme underperformance of silver relative...
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December 6, 2023 – What Happened?
Of course, I’m referring to the wild price ride in gold and silver from Fridays near all-time price high in gold, to Sunday evening’s initial blast to the upside of as much as $60, to a selloff of $120 and...
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December 2, 2023 – Weekly Review
Yet another explosive late Friday rally sent gold to what were arguably new all-time price highs, up $68 (3.4%) for the week; with silver tagging along on Friday, but still ending $1.11 (4.6%) higher for the week. As result of...
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November 29, 2023 – Assessing the Rallies So Far
From the price lows of early October, gold prices have risen by around $220 (12%) and silver by $4 (19%), with gold definitely leading the way until recently, but with $3 of the silver rally occurring over the past couple...
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November 27, 2023 – COT Report Comments
The holiday-delayed Commitments of Traders (COT) report for positions held as of last Tuesday, Nov 21, were released a couple of hours ago and appeared fine to me, for what was a rather strong price week for silver - up...
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November 25, 2023 – Weekly Review
After a one-week absence, we returned to the strong Friday price rally pattern that prevailed for five weeks, and which propelled gold prices higher this holiday-shortened week by $19 (1%) and silver by 60 cents (2.5%). As a result of...