Gold Daily and Silver Weekly Charts – Gloria In Excelsis Deo

(Before It's News)

jessescrossroadscafe.blogspot.com / 17 DECEMBER 2015

The precious metals’ gains from yesterday were smacked lower in the London PM fix and the NY open, as the currency reversal higher in the dollar took down almost the entire commodity index as expressed in the buck.

Gold and silver are now both short term oversold.

There was another large gold delivery ‘house to house’ at The Bucket Shop from HSBC/Nova to JPM. This has been the theme for this month. I would not be surprised to see JPM continuing to take the role as ‘stopper’ of customers standing for deliveries.

There will be a quad witching option expiration in the US equity markets tomorrow.

The weather report is for antics abounding.

And next week is Christmas. Let’s see if the annual ‘Santa Claus’ rally shows up.

READ MORE

The post Gold Daily and Silver Weekly Charts – Gloria In Excelsis Deo appeared first on Silver For The People.

• The Missing Link: The Islamic State, Iraq And Now: A Documented CIA Connection
• Philly Fed Back in Contraction, Index Below Any Economist’s Guess
• Markets Brace For More Fund Liquidations As Junk, Investment Grade And Loan Fund Outflows Soar
• All Of The World’s Money And Markets In One Visualization
• Dramatic Footage Of Reporters Mugging Martin Shkreli At Brooklyn Courthouse
• Sell The Bonds, Sell The Stocks, Sell The House —–Dread The Fed!
• The FED Rate Hike Ushers In The Next Phase Of The Economic Collapse – Episode 845a
• Readers Express Their Heartfelt Thanks To The Donors To This Site
• Gold & The Federal Funds Rate
• Selling Downside Equity Protection, Will it Still Be Profitable in 2016?