lior

Gold and Silver Weekly Outlook for June 11-15

lior

, 06-10-2012 at 06:09 PM (616 Views)

Last week gold and silver started off the week with little movement, but by Thursday both precious metals tumbled down after the testimony of Bernanke didn’t deliver in relaying whether another QE program might be issued in the near future. In Europe many anticipate for next Sunday’s Greek elections and how this round might affect Greece’s chances of it leaving the EU. Over the weekend Spain announced it will ask for nearly 100 billion euros from the EU. Will this bailout help sustain the liquidity problems the Spanish banks have is remain to be seen. This news may continue affecting not only the forex markets, but also bullion markets. The main events will revolve around Spanish bailout, U.S retail sales and U.S PPI & CPI monthly updates.
The weekly outlook report (video) on Gold and Silver

Gold slipped during the first couple of days of the week but tumbled down on Thursday. During last week it fell by 1.89%; Silver decreased on a weekly scale by 0.14%. Furthermore, during last week the SPDR Gold Shares (GLD) also fell by 1.75% and reached by June 8th 154.73, which is still a low rate for 2012.

Tags: gold, gold and silver

Categories: Uncategorized

« Prev Main Next »

Comments

CalebGB - 06-11-2012 10:34 AM
Hi,

Profiting in Forex trading is what everybody's dreaming of but unfortunately it's tough to do so in a consistent way...........

Until today! Now there's a unique opportunity to achieve Forex Results without going through worthless and costly trading seminars, without buying expensive software, without having to wade through tons of books and charts.

Each day of the month, every month of the year, traders can earn hundreds of dollars completely automatically!

I know this sound too good to be true, but if you keep thinking this way without trying it, it's simply your loss as other Forex Day Traders are already using it on daily basis.

Yes, our system will cost you money to use, but we will save you lots more and that's not all, using our system will actually give you the opportunity to make real money from Forex!

It's amazingly simple. Just click simple buy/sell buttons whenever we tell you. You can do so when you like and as frequently as you prefer: a couple of minutes once a week? No problem! These signals are generated by real traders and analyzing Forex professionals. You don't have to do anything, just click and... That's it!

This method wasn't available to everyone, only to Pro Traders, so with no further due, we would like to represent you:

[url=http://5a5914i5oaqww2b2554p-e0o46.hop.clickbank.net/]Forex Auto Money - Trade like the professionals do[/url]

Best Regards,
[url=http://5a5914i5oaqww2b2554p-e0o46.hop.clickbank.net/]Forex Auto Money - Trade like the professionals do[/url]