While the headlines overnight from the press suggest that gold and silver prices are higher this morning off speculation of hot inflation from the US later this week, we suggest that is an overstatement or not the case yet.

At least recently the major focus of the gold trade has been the direction of the dollar with the direction of treasuries periodically taking control.

Therefore, seeing the dollar correct after extending its uptrend last week some gold and silver bulls are hopeful the dollar will have trouble extending the upward pattern in the coming week...[MORE]

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