by J. Johnson
Great and Wonderful Friday Morning Folks,
August Gold is staying in the green with the trade now at $1,890.40, up 60 cents and closer to the high at $1,896.70 than the low at $1,880.50. Silver is signaling, which may no longer be an indicator, with the trade at $22.76, down 22.8 cents after hitting a low of $22.58 with the high up at $22.985. The well printed US Dollar continues to find support with the value pegged at 94.71, up 6.1 points after reaching up to 94.78 with the low so far at 94.515. Of course, all this happened already, before 5 am pst, the Comex open, the London close, and after Goldman Sachs pays $3.9 Billion in penalty’s to the Malaysian government.
Gold’s gains are everywhere these days! In Venezuela, Gold’s value now sits at 18,880.37 Bolivar, proving a gain of 138.82 overnight with Silver now priced at 227.316, showing a 1.098 Bolivar reduction.