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Gypsy
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Gold & Silver Market Morning - Julian D. W. Phillips - Gold Forecaster

Your conclusion that gold and silver will continue to decline is disheartening; but HONEST. The best part is when you say ~ "The news out of the U.S. was positive with new jobs created in the last month hitting 295,000 and unemployment down to 5.5%. This convinced investors that the U.S. economy has gained traction and will continue to grow at a strong rate."

Julian, I notice you didn't say "convinced me" but rather said "convinced investors". Yes, the paper shuffle and the numbers game "convinced investors" ~ but ~ we Worker Bees are CERTAIN: The U.S. economy is NOT gaining any traction. Investors must be quite a naive (gullible, simple, ingenuous) lot. Luckily I'm part of the 99% of humanity ~ who has no money to "invest"!

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Beginning of the headline :Gold Today ?New York closed at $1,165.70 down $33.30 in a thin market but with heavy ETF sales, but still dominated by currency issues. Asia took the gold price up slightly to $1,174.00 before London opened. London then Fixed the gold price at $1,173.75 96.50 down $22.75 and in the euro, at ?1,077.972 down ?12.63, while the euro was at $1.0889 down nearly a cent.Ahead of New York?s opening, gold was trading in London at $1,174.60 and in the euro at ?1,079.74.Silver Today ? The silver price close... Read More

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