All Posts Tagged With: "Ed Steer"
And Then There’s This…Thursday, August 28th, 2008
There wasn’t much to comment on in gold and silver action in the Far East until London opened for business on Wednesday. Then prices rose until the London silver fix was in at 7:00 a.m. New York time. Then both metals got sold off. The silver price bottomed a couple of hours later, but gold worked its way down slowly to its low, which was almost at the end of regular trading in New York.
And Then There’s This… Wednesday August 27, 2008
Neither gold nor silver did much of anything until shortly after London opened for business. Then the roof caved in. The bottom for gold came exactly two hours later…and silver was about a half hour later than that.
And Then There’s This… Tuesday August 26, 2008
Not a lot happened in gold and silver on Monday. Every attempt at a rally was capped…and both metals traded within a range. Options expiry on the Comex is at the close of business today…OTC options on Thursday…and first day notice on Friday.
And Then There’s This…Saturday, August 23rd, 2008
Everything was quiet in both the gold and silver markets during most of trading in the Far East yesterday.
And Then There’s This…Friday, August 22nd, 2008
Both gold and silver began rising unsteadily right from the time Globex trading began in the Far East on Thursday morning, but the party didn’t really get started until midway through the London session.
And Then There’s This… Thursday, August 21, 2008
There wasn’t a lot to read into gold and silver prices on Wednesday, as they sort of wandered aimlessly …down in London and up into the New York open.
And Then There’s This…Wednesday, August 20th, 2008
In Far East trading on Tuesday morning, both silver and gold got sold off. The bottom was in shortly before London opened…and a spirited rally commenced until about 6:30 a.m. New York time when both metals got sold off again…with some help on the Comex open.
And Then There’s This… Tuesday, August 19, 2008
Both gold and silver took off the moment that trading began on the Globex in the Far East on Monday morning. This rally lasted until the LBMA opened in London…and that was it for gold, silver, platinum and palladium…as they were all sold off at exactly that time.
And Then There’s This…Saturday, August 16th, 2008
What a day it was! Shortly after Sydney opened, and for no reason that most people would understand, the bids just disappeared in gold and silver.
And Then There’s This… Thursday, August 14, 2008
Both gold and silver rose from the get-go as soon as Globex trading began in the Far East on Wednesday morning. Both metals got sold off slightly on the London open, rose…then got sold off after the Hong Kong close.
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