Bullion Coin Market Dynamics
Classic exhaustion. Futures are down, market is very overbought, and you’ve got the dollar hanging in there and Yen is rallying. Fed says financial system can withstand CIT bankruptcy on Friday, according to Bloomberg. And emerging markets are sucking wind – China, India, and other frontier speculations. Silver popped but doesn’t [...]
We’ve been patiently waiting to see which way the market would break. Silver fell below the psychologically important $14 level today. Gold is off $8 to $925. The GLD is trading below its 200 moving average, and with a gap down this morning, should be bumping against the key $90 level. [...]
Readers of this site have been aware of our expectation of a top in gold and silver. We were waiting for a final spike up, and with silver dropping $1 in the spot market this week, a reasonable argument could be made that we have reached a top of some significance. Because when [...]
Welcome to Bullion-Advisor! Our mission is to provide the latest information on bullion gold and silver availability from dealers in the United States. We have observed that various goldbugs and other enthusiasts are reporting shortages, yet there is no available information to validate these reports. Further, there is extreme volatility in the [...]