Gold Silver Reports – The Fed Evans Say Fundamental are Strong – Chicago Fed dove Evans said U.S. fundamentals are really very strong and he suspects the wage story is improving, though he wonders whether a little more accommodation is needed to get to the 2% inflation target by 2019.
Month: October 2017
Crude Price Analysis for October 12, 2017
Gold Silver Reports – Crude Price Analysis for October 12, 2017 – Crude oil climbed further above USD 51 per barrel, as OPEC Secretary General reiterated that a rapid market rebalancing is underway, citing improved momentum in the global economy and oil-destocking over the summer.
Gold Price Forecast for October 12, 2017
Gold Silver Reports – Gold Price Forecast for October 12, 2017 – Gold prices were nearly unchanged on Wednesday following the Fed’s minutes from the September FOMC meeting. It appears that the December rate hike is fully baked in the cake, but inflation expectations are lower in 2018.
Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes
Gold Silver Reports – Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes – Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation.
Silver MCX Support Key 39720 October 10, 2017
Gold Silver Reports – Silver MCX Support Key 39720 October 10, 2017 – Technically Silver market is under short covering as market has witnessed drop in open interest by 5.66% to settled at 14950 while prices up 344 rupees.
Gold MCX Support Key 29620 October 10, 2017
Gold Silver Reports – Gold MCX Support Key 29620 October 10, 2017 – Technically Gold market is under short covering as market has witnessed drop in open interest by 3.23% to settled at 7303 while prices up 159 rupees.
Four Ships Banned From All Ports for Violating North Korea Sanctions
Gold Silver Reports – Four Ships Banned From All Ports for Violating North Korea Sanctions – The U.N. Security Council has banned all nations from allowing four ships that transported prohibited goods to and from North Korea to enter any port in their country.