Top

Tag Archives | Silver

silver-595

Special Update: Gold, Silver, Dollar and Rates

GOLD/SILVER Obviously flight to quality and save haven are going to be featured this week in gold with other markets like silver, platinum, palladium, Bonds and the Yen figuring into the mix. Historically there might be fewer events with as much safe haven potential as the current North Korean situation. At least in the short […]

Continue Reading
gold-bars-595

Fresh Fundamentals Help Support but not Drive Gold Upward

OUTSIDE MARKET DEVELOPMENTS: Global equity markets were mixed with more markets trading higher than lower. The Asian session was highlighted by the April Eco Watchers survey which saw an “as expected” uptick from March’s 47.4 reading. The European session started out with April Swiss CPI which was forecast to see a minimal downtick from March’s […]

Continue Reading

The Gold Bulls Have an Edge But Momentum is Set to Wane

OUTSIDE MARKET DEVELOPMENTS: Global equity markets were mixed overnight. The Asian session was relatively quiet, while the European session saw ongoing reaction to ECB comments yesterday regarding the prospect of raising rates. The North American session will start out with a January reading on Canadian manufacturing sales, followed by February industrial production which is forecast […]

Continue Reading
Platinum Bars

METALS: The Bears Still Control but Their Grip is Exhausting Itself

OUTSIDE MARKET DEVELOPMENTS: Global equity markets were mostly higher overnight with the All Ordinaries the biggest winner. The Asian economic calendar was relatively quiet with the Reserve Bank of Australia deciding to leave interest rates unchanged. The European schedule started out with October German factory orders that bested expectations by a wide margin. However, the […]

Continue Reading
silver-595

Choppy Two Sided Trade as Charts Remain Damaged

OUTSIDE MARKET DEVELOPMENTS: Global markets were mixed overnight with an even distribution of gainers and losers. The Asian economic calendar started out with a look at Japanese employment, with their October unemployment rate steady at 3.0% but the ratio of jobs to applicants reaching up to the highest levels in 25 years. October Japanese household […]

Continue Reading
silver-595

We Will Look to Re-Purchase Gold Puts on Today’s Rally

OUTSIDE MARKET DEVELOPMENTS: Global equity markets have seen enough calm and declining anxiety for a “risk back on” mood across many market sectors. On the other hand, the prospects for increased fiscal spending has kept Treasuries on the defensive, as Bonds reached a new contract low more than 8 points below their overnight highs. The […]

Continue Reading
silver-595

Choppy Two Sided Action as Metals Reel from Election Ebb & Flow

OUTSIDE MARKET DEVELOPMENTS: Global markets were weaker across the board again today as they could not shake off a developing “risk off” mood over the upcoming US election. The European session started out with October Euro zone Services PMI and German Services PMI numbers that bested expectations. The North American economic calendar will start out […]

Continue Reading
Platinum Bars

Metal’s Early Positive Bias Compliments of a Weak Dollar

OUTSIDE MARKET DEVELOPMENTS: Global equities were mixed overnight with the CSI 300, Hang Seng and IBEX trading lower and most other measures posting gains. The highlight of European trading session was the October IFO survey of German business climate which hit the highest level since April of 2014. The markets were also presented with Italian […]

Continue Reading

The Hightower Report
141 W. Jackson
Suite 4002
Chicago, IL 60604
Phone: 312-786-4450 | 800-662-9346
Fax: 312-786-4451