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Platinum Futures—Platinum futures in the October contract experienced a wild trading week settling last Friday in New York at 831 while currently trading at 851 up about $20 and traded as high as 892 in yesterday’s trade before a massive sell-off occurred. I have been recommending a bullish position from around the 868 level and if you took that trade…
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Gold Futures—Gold futures in the August contract settled down $12 an ounce at 1,808 in a highly volatile trading session as silver and platinum were also lower in today’s trade. In my opinion I think today was just profit taking breaking a 4 day winning streak, but I still do believe gold has significant room to run even though I…
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