Info
You are currently browsing the Fintelligence weblog archives for the day 05/06/2010.
Calendar
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « May | Jul » | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | 29 | 30 | ||||
Categories
- Dollar Collapse (17)
- General (24)
- Gold (186)
Latest Postings
- 06/06/2011: The recovery failed
- 26/05/2011: Silver again
- 13/05/2011: $450 silver and $12,000 gold
- 11/05/2011: Oh well
- 09/05/2011: Some explanations
- 06/05/2011: NFP surprises
- 05/05/2011: Hi ho silver!
- 04/05/2011: Gold hits support and can still hit new high
- 04/05/2011: Is the top in? Maybe not
- 02/05/2011: Margin requirements take down silver
Links
Archives
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- August 2008
- May 2008
- April 2008
Archive for 05/06/2010
Spoke too soon
05/06/2010 by Philinje.
Just a quick follow-up to my last post: it looks like there was a battle at $1200 that took the price back and forth between $1205 and $1196 for a good 5 hours yesterday morning, starting in European trading. Then at about 11am in NY, gold broke through to the upside and settled right back at $1220.
It’s interesting that silver got taken down without much of a fight. There’s some strong buying power in gold that can fight back when the big boys play their games. Next week should be interesting.
Posted in Gold | Print | No Comments »
|