Gold Ends Week Up, Despite Turmoil

Testimony from FOMC Chairman Ben Bernanke on Tuesday sparked an lot of volatility across a number of markets

Gold Rebounds now that Bernanke is Done Talking

It is one of the unwritten rules of the market, “Gold cannot make the FOMC Chairman look bad.”

Bonds Finally Begin Calling Bernanke’s Bluff

Look, for months the Fed has been trying to have its cake and eat it too

Gold Continues to Fail at $1400, No Momentum Allowed

On a day where FOMC chairman Ben Bernanke was testifying there was little hope that there would be any upside breakout to the price of gold.

Gold Re-tests Lows on Asian Margin Selling, Rebounds

Last night’s scare in the precious metals market could be summed up simply as programmed margin selling

The Beat Goes On — S&P Sets New Record

All of the money being printed by the major central banks simply has nowhere else to go.

Bond Yields Rise On QE Tapering Rumor

Long maturity bonds from a number of important governments have been rising for the past few weeks, most notably U.S.

Yen Weakness Creates Risk-On Gold Raid

The Yen smashed through ¥100 yesterday just in time to push the Euro below $1.30 today, taking Gold, Silver and U.S. Treasuries to the cleaners

The Euro responded in kind and the selling in the Dollar it engendered was positive for Gold.

Gold and Silver Continue to Build New Base

Gold and Silver are both continuing to hold onto gains made after the historic—and wholly manufactured—crash that occurred between April 12th – April 15th.