Housekeeping: Support Independent Media
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Scottsdale Mint — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Zerohedge — Higher in Steps: UBS Sees Copper Marching Toward $15,500 Yahoo — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M Theft X.com — Expense Report: 303 Gold Bars — Former CIA Officer Charged in $40M Theft
Featured Analysis:
News & Analysis:
Coming Soon
Data on Deck: GDP and PCE
MONDAY, MAY 25 None scheduled, Memorial Day holiday
TUESDAY, MAY 26 S&P Case-Shiller home price index
WEDNESDAY, MAY 27 None scheduled
THURSDAY, MAY 28 New home sales April
FRIDAY, MAY 29 GDP
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Charts and Final Market Check:
Precious Metals Market Recap
Market Activity
Yesterday marked an important turning point for gold and silver. Both metals opened under pressure, with gold testing its 200-day moving average near support early in the session. The setup initially looked weak, but buyers stepped in aggressively and both metals reversed sharply higher.
