Gold and a Falling Gold/Silver Ratio

Gold and a Falling Gold/Silver Ratio

Gold has fallen further over the past week from the correction zone between $1,283 – $1,301 which would have constituted an ideal 38.2% – 50.0% Fibonacci retracement of the July through September advance. However, as discussed in the gold update two weeks ago, the precious metal could fall all the way back down to $1,240

The Fed is Caught

The Fed is Caught

The US Federal Reserve begins its once-per-six-weeks policy meeting on Tuesday, with a statement to be issued by Chairwoman Janet Yellen on Wednesday at 2 pm EST. Expect lower volatility across most markets on Tuesday and Wednesday prior to the announcement, with a spike in volatility immediately after 2 pm. We cannot know exactly what will