Commodity Trade Mantra

Posts Tagged ‘Non-Farm Payrolls’

Short Gold and Silver at your own Risk - Rather Buy the Dip

We are entering a seasonally strong period of time for gold and silver. My stance is to take a look at an even bigger picture which shows that silver may be finding investment demand at this seasonally bullish time of year. Wedding season is also a good time to own gold as is the month of September (a month I don’t like to short precious metals) which begins today.

Buy Silver With Both Hands On This Manipulated Sell-Off

I suggested at the beginning of the year that buying silver now would prove to be the trade of the decade. I maintain that call and currently is up over 8% YTD. I would suggest that all sell-offs in silver should be bought. Gold has been hit for as much as $23 last week and silver for 66 cents. You can leverage your trade in silver with mining stocks.

American Households On Foodstamps Rise To New Record High

In June, the number of households receiving foodstamps rose to 23.117 million, an increase of 45.9k in one month, and also a new record high – Putting it all into perspective, there are more Americans on foodstamps than the entire population of Spain.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook