I'd like to see a pullback in the market because I want to get to the pattern with higher highs, higher lows. Gold and silver often rally into year-end.
Gold prices have demonstrated remarkable resilience and volatility in recent weeks. The turbulent roller-coaster that ensued after reaching the new all-time high appears to have subsided.
Ira talks about global events pushing the gold market. He explores the possibilities, including Syria and Israel, but concludes it's ultimately all about China.
Gold and oil are still struggling as they were the weakest groups this past week. Will it last? Or will the broader market and the commodities trade places?