Gold/Silver update 6/5

Crude 4/13

Crude looking to blast off…key juncture this.

Gold 4/8

….misc…

From the Newsweek Editor–

“Every once a while, … a critic emerges who is more than a chatterer — a critic with credibility whose views seem more than a little plausible and who manages to rankle those in power in more than passing ways. As the debate over the rescue of the financial system — the crucial step toward stabilizing the economy and returning the country to prosperity — unfolds, the man on our cover this week, Paul Krugman of The New York Times, has emerged as the kind of critic who, as Evan Thomas writes, appears disturbingly close to the mark when he expresses his ‘despair’ over the administration’s bailout plan. {…}

There is little doubt that Krugman — Nobel laureate and Princeton professor — has become the voice of the loyal opposition. What is striking about this development is that Obama’s most thoughtful critic is taking on the president from the left at a time when, as Jonathan Alter notes, so many others are reflexively arguing that the administration is trying too much too soon.”

Article by Evan Thomas here.

via blue chip bulldog.

Gold update 4/3

$880-2 is crucial.

Gold update 3/29

Gold interestingly poised with 50d SMA and trendline support. G-20 news will be the trigger for the next move from here.

US$ index

Inside bar reversal and support at fib level. We may have a small bounce from here.