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  1. Gold and Silver Weekly Outlook for June 11-15

    by , 06-10-2012 at 06:09 PM
    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 ...
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