silversky

US PCE price inflation fell to 2.4%, this is the Fed's preferred measure of inflation and is getting close to their 2% target. US jobless claims also rose. Both suggest the Fed can start to think about cutting rates, so the dollar is falling, and gold getting a nice bump up.

USA: SuperCore Inflation Soars In January, Services Costs Re-Accelerate

Is silver at the Old Kent Road ? 
( Asking for a friend) 

🤔😮come on …. nearly lunch time and no graphs of gold going nowhere 🤔😮😂

I'm so crazy I've thus far saved enough for a free ounce of gold.

Gees......Bring back the crazy people who don't want to pay  the BBC licence fee.    
 

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

But what would people do on the Gold monitoring thread if they didn't look at charts and discuss the minutiae of little highs and little lows?  A prohibition on charts, would run the very real risk of a complete topic meltdown, and the re-emergence of everyone's love to hate subject...  the TV licence...   Before long the thread would be renamed the official unnofficial tv licence thread and poor gold monitoring in GBP would be confined to the dustbin of history.
Far safer to stick with the charts and furtive little snapshot monitoring remarks such as this one.  Gold £1586  😉👌

US Inflation fell less than expected from 3.4% to 3.1% (2.9% had been expected) so dollar rising on higher-for-longer interest rate expectations.

Your analysis is superior.  And I concur with you that the upper and lower bounds are likely to be far larger.  Breaks in either direction could see little resistance for several hundred dollars.  This pause before the storm will come to an end soon, but it could be in either direction....

Your analysis is superior.  And I concur with you that the upper and lower bounds are likely to be far larger.  Breaks in either direction could see little resistance for several hundred dollars.  This pause before the storm will come to an end soon, but it could be in either direction....

Your analysis is superior.  And I concur with you that the upper and lower bounds are likely to be far larger.  Breaks in either direction could see little resistance for several hundred dollars.  This pause before the storm will come to an end soon, but it could be in either direction....

Your analysis is superior.  And I concur with you that the upper and lower bounds are likely to be far larger.  Breaks in either direction could see little resistance for several hundred dollars.  This pause before the storm will come to an end soon, but it could be in either direction....

David Brady is Sprott Money, right?
Looks like he copied and pasted my response from above but got some of the figures wrong. The worst case scenario if gold goes to $1923 is not $1900, it's more likely $1800 with an absolute bottom $1600-1800. If we remember back to before Israel-Palestine, the consensus of analysts was in that range ($1600-1800) for the bottom, with $1600 considered possible but very unlikely. Most analysts have a bottom around $1800 and rising
When things go in the opposite direction (up, breaking $2070 on today's figures) then it won't stop at $2200 it will be $2300 ($2309 on current figures)
 

So we’re back where we started the day then?

Chartists need to pipe down. Just let it go to crazy new highs 😆 

@MrStacker, you staying up all night , tonight,  bud , you on the night shift graph duty?👍

Prop them in front of your screen so they can enjoy the show too🥳🥳🥳🥳😂 

I always found their ££££ RRPs for new issue items are set to ten years in the future 🤔😕