Morning Outlook from the Trade Desk 04/13/12 or 13/04/12

Discussion in 'Gold' started by metalsmtl, Apr 13, 2012.

  1. metalsmtl

    metalsmtl New Member

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    North Korea fires dud, but the story is they fired. Not a major immediate threat but add Iran. Syria. Economic numbers weaker, maybe not a Q3 event but still leaves the Fed very accommodative. Higher inflation , blah blah. No physical buying but remember the retail guy is always late. Would like to see gold wash into the mid $1,550's and silver re-test $28 but still do not believe the final stages of this market have not been seen yet. As seen yesterday risks are to the shorts but it's a market to lock gains when they appear.
     

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