
With the first week’s trading after the Labor Day holiday now behind us we can begin to get some idea as to whether the end of the U.S. summer holiday has proved to be an inflection point for Precious Metals.
There’s a battle going on between precious metals bulls and bears and who will come out on top still remains uncertain, although our analysis would favor the bulls.
Crash, Collapse, Correction or Consolidation? Perhaps we should add Crisis? to our list of Cs.
Gold soared up past its previous $1,922 spot price high on Monday morning hardly pausing for breath.