Minor achievement

Gold broke the 1280USD barrier dragging the bunch of precious metal with it, seem that it will be going down for awhile as the US economic strengthen ( student loan issue? ). Maybe time to get some platinum ?

With the Russia/Ukraine issue settling down to non war issue, the precious metal market seem to have relaxed and now focusing more on the USD/China market... or rather the lack of a market. China and India are now experiencing low growth and with china now closing in on their mega rich people in an effort to reduce corruption, precious metal which used to be love by them are now on low demand. Causing a downward stress on the metal. Recent USA market data is quite good, which show that their market is recovering and this is also putting downward stress on the metals.  With a few of the major countries(US,UK) showing signs that they might be increasing their currency rates due to recovering economic strength, precious metal seem to have taken a back seat and now stocks are firmly in the driver seats. I would advise shorting the the precious metal or at least not to get involve in forex trading on pm. (I'm shorting till 1180USD for gold and 18USD for silver) Please be

Putin said Ukraine crisis “sharply escalated” today Putin told UN Secretary General Ban Ki-moon that actions taken by Ukraine today were “anti-constitutional” and “sharply escalated” the crisis today. I'm no expert on international relationship/law/constitution but i think its within Ukranie rights to defend them self...

JOLTS job opening: 4.17M Crude Oil inventories: 4.0M Unemployment Claims: 300k: Core PPI: 0.6% Prelim UoM Consumer Sentiment: 82.6 Last week USD data(all better than expected) is pointing to a US health economic that seem to be recovering from the winter months. The forex and the stock market is saying other wise, the short term trend seem to be down. I would advise on holding USD. The precious metal market is reacting to the weakening of USD but with the lack of interest from the Asian market, i believe this to be a short term upward trend unless Russia or North Korea decide to do something disturbing. Main concern seem to be coming from Russia with Putin unwilling to release Crimea from annexation and the amassing of troops on the Ukraine border. China seem to be embracing itself for a growth slowdown as the repeated news release from China seem to show that the government is willing to shutdown factories and closing on the shadow banking. Not much seem to be co

The US Non-Farm Payrolls was posted at 192,000 jobs gains in march. While this is a solid number and pointing to a healthy recover, the market was expecting a higher number at around 200,000. I would advise on holding on to USD as the country is recovering and will still show future growth. Russia is still an unknown variable as their attack on Ukraine seem to have slowed but had shown no sign of withdrawal from Crimea. North Korea with their latest nuclear testing seem to be testing the patient of the South Korea, USA and Japan. China had tighten their monetary policy while at the same time released  mini-stimulus ... take extra care when dealing with China market. I would advise on not trading on precious market for this few weeks as the precious market is jumpy. PLEASE NOTE THAT FOREX TRADING WILL RESULT IN LOSING ALL YOUR MONIES.