• Gold: 1,185.29 -2.46
  • Silver: 16.64 -0.10
  • Euro: 1.084 -0.003
  • USDX: N/A N/A
  • Oil: N/A N/A

What do you know?

Ranting Andy
|
Thursday, January 10th

SilverSeek.com Comment Wire

 

What do you know?  Gold AGAIN retook its 200 DMA of $1,662, which the Cartel has been maniacally defending for weeks.  Better yet, silver looks to have successfully bounced off the $30/oz level the Cartel was so desperately trying to breach.

 

Nothing but PM-bullish news as far as the eyes can see – like today’s jobless claims and Philly Fed revision; with the deadly fiscal cliff/debt ceiling fiasco just WEEKS away.

 

Andrew C. ("Ranting Andy") Hoffman, CFA

Marketing Director

Miles Franklin Ltd.

 

 

ahoffman@milesfranklin.com

www.milesfranklin.com

 

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