Author Archives: pmontesdeoca

Follow the Trade, Silver with Steve Roy 11-16-12

Global Investment In Exchange-Traded Gold Funds Jumped 56% From The Prior Year

“We have a system that increasingly taxes work and subsidizes non-work.” Milton Friedman

The last World Council Gold report published on November 15, indicated that the global demand for gold weakened in the third quarter. As a result, the price of the yellow metal fell 1% after Thursday’s announcement.

Selling sentiment in gold keyed off “a weak demand summary from the World Gold Council partly influenced by very tough year-over-year comparisons to the big run-up in gold demand associated with the U.S. budget fiasco in August 2011,” said Steve Roy, Chief Technical Analyst for Equity Management Academy.

To read more click here.


Follow the Trade Silver with Steve Roy 11-12-2013


Follow the Trade – Silver with Steve Roy 11-2-2012

Search the Blog

Post Archives