Posts Tagged 'fed'

Weekly Trends: September 28, 2013

Commodity Talk

It was a quiet week for the precious metals as the majority of the week was spent digesting last week’s move; gold prices rose slightly overall for the week. The US Federal Reserve’s decision not to taper should create a floor for gold around these levels. Next week, look for gold to try to break the mini downtrend it has been in since September. Silver will follow the gold price action, ...

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Weekly Trends: September 21, 2013

Commodity Talk

The precious metals had a volatile week as the US Federal Reserve surprised investors by keeping the $85 billion per month asset purchasing plan going. Expectations were low heading into the announcement that the Fed was going to continue to prop up the market. The ongoing stimulus is a positive for the precious metals markets, and one of the main drivers for those who believe precious metals should be valued considerably ...

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Weekly Trends: June 22, 2013

Gold Update, Market Commentary, and Barkerville Gold

Commodity Talk

Investors scrambled for the exits late Wednesday and all day Thursday after the US Federal Reserve indicated that as economic conditions continue to improve they would begin to slow central bank stimulus. Gold in particular was extremely volatile falling nearly $100/oz as inflation and economic worries faded. The $1320 low from April failed to provide any support as gold accelerated ...

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