Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Stocks and Precious Metals Charts -

IMG Auteur
Published : March 11th, 2017
315 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Despite some intraday action, stocks finished largely unchanged.

Precious metals managed to hold their key levels in the face of the 'better than expected' Jobs Report.

The FOMC will be announcing their decision on rates next Wednesday.  I have included the economic calendar for next week below.

The SEC has rejected the Winklevoss twins proposal for an ETF for Bitcoin, sending the value of the digital currency lower after hours.   I am not a fan of Bitcoin for anything but a trade.

I have taken down my short position off the Russell 2000, which I had placed at the end of the first trading day for the SNAP IPO.   What a piece of crap.

I did pull the trigger on some silver purchases.   As I said, I will be much more impressed if silver can hold its level here and start moving back higher.  I have the '30' target in mind as a measuring objective on the chart as you can see below.  But first silver must break out above 21.50, again as you can see on the chart.

I wish them well, but if the Trump administration does not implode sometime in the next two years I will be very surprised.  They are in a tough position, surrounded by willful ideologues on both the left and the right, and in the calmer moments they do seem to seize the initiative to figuratively shoot themselves in the foot.

We are in the typical wacky weather month for March, with 70 degree days followed by snow.  Next week I hear we might be enjoying a classic nor'easter blizzard.  Let's see if that develops, as it may affect the NY trade.  It may also impede activity in Washington DC, but that is often a good thin.

Please remember God's creatures in this hard weather, and the poor both materially and spiritually as always.

Have a pleasant weekend.



Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comment this article
>Follow all commentairies
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
How To Buy Gold Or Silver - Trace Mayer - Run to Gold  (10)
March 27, 1980 : Silver Thursday, or the end of the The Hunt Brothers Story - History of Silver - Playboy  (4)
The Bank of England 1720-1844 - Nathan Lewis - New World Economics
The Gold Bug (Edgar Allan Poe) - Treasures and Gold Fever - Edgar Allan Poe  (13)
Most commented articles More... 
TOP RATED
The Gold Bug (Edgar Allan Poe) - Treasures and Gold Fever - Edgar Allan Poe  (13)
The US Constitution and Money - Michael S. Rozeff - Mike S. Rozeff  (6)
On corruption - Food for thought  (12)
How To Buy Gold Or Silver - Trace Mayer - Run to Gold  (10)
Most commented articles More... 
MOST COMMENTED
100 Items That Disappear First in a Disaster - Beans Bullets Bullion and Bible - 24hgold  (17)
Most commented articles More... 
Latest Comments
‘Real’ Performance Comparison
26 MarChristopherbalz
Question: In the method of figuring inflation referenced, what is the rationale for adding population growth to productivity growth? Sugge...
100 Items That Disappear First in a Disaster
23 Markevthorne
68, 69 probably not that safe - particularly if you're growing your own vegetables - keep a Maine Coon cat instead: does the job automatically.
Farage Interviews Le Pen: “Prison of the EU”
21 Marneville1
BRITANNIA RULES THE WAVES AND NOW BREXIT WAIVES THE RULES. GO FOR IT FRANCE AND RID YOURSELVES FROM THE CHAINS OF IDIOTS. NOT SIN...
How the Fed Operates — And Why It's a Problem
20 Marramasart
In a nutshell, the Fed facilitates the theft of the value of the dollar, as they can control the increase in supply which at the same time inverts ...
How the Fed Operates — And Why It's a Problem
20 Marneville1
With all due respects for outlining how the crooked american Fed works or should work. From all our research we find the following the Fed...
Sparta - Gold prohibition in a collapsing economy
18 Markevthorne
You've answered none of the authors points: your comment is flat rubbish.
America Too Broke to Fix Crumbling Infrastructure? “Bridges, Roads,...
16 MarCameron Waugh1
Just like the leaders of the Bolshevik revolution were not Russians, those formulating belligerent US foreign policy are not Americans, and they ha...
POTUS at SOTUS
16 MarDRGEORGE1
Try explaining that to my patients dying on public waiting lists or getting ripped off by exorbitant private specialist fees!
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS