• +1 (312) 549-9986

Gold $1,926.97 $7.02 0.37% Silver $23.71 $0.32 1.37% Platinum $934.06 $13.23 1.44% Palladium $1,284.38 $24.59 1.95%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

While early action today has produced a slight reversal of yesterday's very bearish outside market forces of rising rates and a strengthening dollar, gold and silver are likely to remain under a constant cloud of potential liquidation because of outside market forces.
 
In fact, despite very strong market expectations of a Fed pause (93% Fed funds watch tool) market rates have continued to rise!
 
In other words, US treasury implied yields are tracking a different course than expectations for Fed actions, which could be a sign world markets are taking control of US treasuries away from the Fed...[MORE]
 
Please subscribe to receive the full report via email by clicking here.
Leave your comment