Silver reversed 1% up to 2.2% down. Gold is down 1.3%
Aussie and Canadian dollars are weakened.
Traders must be confused.
BP oil spill is the turning point for natural gas. US has abundant of natural gas and it is still cheap @ $5.
I thumb up a few NG players in CAP but still need fools who know more to provide insights to MF community. I'm thinking to add some in this sector to my real portfolio for longer term instead of playing risky UNG like ETF ...
Gold up 1% last Friday while silver got killed by 3.2%. Friday was a good setup when market players from other part of the world are left for the week.
Here comes a 3.9% jump of silver while gold leap another 1.75%
Quite possible silver will end up 5% for the day...
Gold was @ € $1000 days ago. It hits all time high for many foreign currencies.
It is on sale today for USD holders ...