Gold Daily and Silver Weekly Charts – What Hump?

from Jesse’s Café Américain

What failing economy?

Gold and silver drifted higher today in what can best be described as ‘lackluster trading.’

The Comex was too bored with its own paper bullion game to even provide data on deliveries last Friday, as you can see from today’s delivery report to be found below.

As you may recall, there will be a Non-Farm Payrolls Report for August this Friday. It will be closely watched because one of the last ‘safe’ opportunities for the Fed to raise rates 25 bp before the election will be this September.

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