S&P Hauls, Gold Stalls, Silver Falls
(Kitco commentary) - In keeping with our recent query/quip "Has the S&P crashed yet?", yesterday we texted our great and good colleague here as follows: "S&P over 4400", to which came the response: "Yes I saw... my brain stopped functioning."
Gold Comatose Whilst Stocks Overdose
(Kitco commentary) - In a sense in sequel to that which we penned a week ago ("Gold Sits On Its Box Whilst The Herd Chase Stocks"), Gold remains lifeless as another week passes, although the balance of the herd finally is paying the price for overdosing on their stocks vice.
Put Gold in Your Bag, Man, but Let Silver Sag, Says Sachs
(Kitco commentary) - Do you remember "When E. F. Hutton talks, people listen"? Decades later, today we might say: "When Goldman opines, it goes online" ... or something like that.
"Gold Buyer Beware, or Buy Do We Dare?"
1231, 1211, 1190. Those are the three Gold levels we offered a week ago as to how low price may go in its present down-flow.
Gold Gets Trumped Up
The near-term weakening for which we were seeking in Gold never materialized a wit throughout the four-day trading week
Now Come the Tests for Gold and Silver
Gold and Silver have taken their seats inside the ivy-covered brick building, Professor MarchÃ© distributing to them "blue books" and No. 2 yellow wooden pencils with their wee red rubber-tip erasers. Then disinterestingly lighting his pipe, he utters the word "Begin".
Gold Stands Aside for Silver's Up-Ride
Gold settled out the week yesterday (Friday) at 1233.7.
Gold is Robustly Leading the Year; the S&P is that We Ought Fear
With but one trading day left in February, we're nonetheless styling this week's Gold Update as our typical month-end edition: it thus features the year-to-date BEGOS Markets Standings, year-over-year comparisons of Gold vs. selected key equities brethren, and our layered Gold Structure chart, amongst others of the favoured cast of characters.
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