• +1 (312) 549-9986

Gold $3,279.22 $49.12 1.52% Silver $32.86 $0.52 1.6% Platinum $1,042.23 $42.06 4.21% Palladium $1,011.82 $36.92 3.79%

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