Friday, October 31, 2014

Weekend Chillout - Gee Baby

Gee Baby what the hell happened to the gold and silver prices into the weekend? We are down over another 1% in both in Australian and Asian trading hours, and with London due to open soon both may head even lower to test strong support levels.

We definitely need something to calm our nerves, and I can't think of anything better to achieve that than some soothing sexy Sydney jazz from Frances Madden.

From Frances Madden

Gold and Silver Clubbed Like Baby Seals

Gold and Silver were beaten down in overnight trade, with gold falling over 2% to below $1,200 and silver over 4% to below $16.50. Traders continued to bid the US Dollar higher with the USD index over 86 as the fallout from the Fed ending QE continues to be felt across all markets along with a fear of rising rates in 2015.

charts from