Thursday, September 19, 2013

Gold and Silver Throw a Taper Tantrum

With the “no-tapering” announcement from the U.S. Federal Reserve’s Open Market Committee overnight gold and silver have thrown a massive tantie, and gaped higher in the after hours NY Globex market. Gold is up over 4% and Silver up a stunning 5.5% since the COMEX close.


charts from goldprice.org 

 For further commentry watch the following Kitco video:

click on image to access video