Silver Market Morning: Dec-15-2015
Snippet:
While gold and silver prices are being forced down the euro is trying to rise strongly. The foreign exchange market clearly has a different view of the Fed’s actions tomorrow than dealers and speculators on COMEX. The price falls appear to be a ‘marking down’ of prices before potential selling can take place. If buying comes in instead the speed with which prices rebound will be meteoric.
Gold Today –The New York gold price closed at $1,064.10 down from $1,078.20 on Monday’s close. In Asia prices dropped to $1,062.60 before London took it down to $1,067 as the dollar index weakened to 97.38 against yesterday’s 97.85 on the dollar Index.
Tuesday, December 15th
First published here: Silver Market Morning: Dec-15-2015
