Housekeeping: Support Independent Media
Featured Posts on News Sites :
Scottsdale Mint — China’s 19-Month Gold Streak Zerohedge — Gold’s Pullback Analyzed Yahoo — Platinum's Fourth Deficit X.com — China Buys The Dip (Bigger) in May
Featured Analysis:
**Datatrek: Gold’s Pause Was Never About the Middle East
Datatrek examined the rolling one-year performance difference between gold and the S&P 500 going back to 2006. The results show that while gold has modestly outperformed U.S. equities over the long run, its performance comes in powerful bursts followed by lengthy periods of consolidation (Just as we said in Gold’s Pullback Analyzed).
News & Analysis:
Data on Deck: CPI
MONDAY, JUNE 8
No major US releases
TUESDAY, JUNE 9
10a Existing Home Sales (prev 4.02M → est 4.07M)
WEDNESDAY, JUNE 10
8:30a Core CPI m/m (prev 0.4% → est 0.3%)
8:30a Core CPI y/y (prev 2.8% → est 2.9%)
8:30a CPI m/m (prev 0.6% → est 0.5%)
8:30a CPI y/y (prev 3.8% → est 4.2%)
THURSDAY, JUNE 11
8:30a Core PPI m/m (prev 1.0% → est 0.5%)
8:30a PPI m/m (prev 1.4% → est 0.7%)
8:30a Unemployment Claims (prev 225K → est 220K)
FRIDAY, JUNE 12
10a Prelim UoM Consumer Sentiment (prev 48.2 → est 46.1)
10a Prelim UoM Inflation Expectations (prev 4.5%)
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Charts and Final Market Check:
