Look Who it Was Random video

Gold and Silver Update w/e 22nd July 2016 - by illuminati silver

1,466 views · Published 25 July 2016 · 4:41 · Indexed 25 September 2026

Channel: The 2% Brief · 2016 · People & Blogs

Watch on YouTube

http://illuminatisilver.com
http://facebook.com/illuminatisilver

Gold and Silver Update w/e 22nd July 2016

Today is Monday 25th July 2016 and we are providing our gold and silver update for the week ending 22nd July. 

Gold fell in US dollar terms last week by $15 from $1337 to $1322, having hit a high of $1337 and a low of $1311. In sterling terms gold finished the week at £1006 down £8 and in Euros it closed at 1205 Euros that’s down 7 Euros on the week.

Silver fell by 60 cents from $20.23 to $19.63 having reached a high of $20.23 and a low of $19.22. In sterling terms it closed at £14.95 that’s down 38 pence for the week and in Euros down just 0.42 Euros at 17.89 Euros per ounce. The Gold to Silver Ratio rose from 66.09:1 to 67.35:1

The Dow Jones closed on Friday at 18,570 up 53 points on the day and up 63 points on the week, and the NASDAQ closed at 5100 that’s up 26 for the day, and up 71 points on the week.  

Brent Crude was down $1.92 cents at $45.69 and US Light Crude was down $1.76 at $44.19. The dollar index stands at 97.47 that’s up 0.89 on the week.

This past week we saw the consolidation we predicted with gold coming close to the $1300 level and silver falling to the mid $19 level. Technical and fundamental analysts now tend to agree that gold is supported at the $1300 and silver at the $18 level, so should we see any further moves towards those figures, it should be regarded as a good buying opportunity. On the upside currently gold could very well, in time, exceed the $1400 level and silver stretch into the $22 level. There will be consolidation currently and so do not be too surprised if markets vacillate during the next couple of weeks.

Having returned from South Africa just under some 10 days ago, we had hoped to provide our second half forecast, however due to some information received from industrial users, and our last minute attendance at the US Republican Convention and this week’s Democratic Convention we are holding off for another week before we publish this.

Please view our latest videos:

Gold and Silver Update w/e 15th July 2016 -  by illuminati silver
https://youtu.be/FMJqXw3tGwE

UK's 2nd female Prime Minister – Theresa May
https://youtu.be/Hd7ndYMgxxo

Gold and Silver Update w/e 8th July 2016 - illuminati silver
https://youtu.be/nkWTz8pTayU

Gold and Silver Update w/e 1st July 2016 - by illuminati silver
https://youtu.be/BOj8w5fW0M0

Gold and Silver Update w/e 24th June 2016 -  by illuminati silver
https://youtu.be/IVhpm2J0lqo

Gold and silver up - UK votes for Brexit  - Prime Minister Resigns
https://youtu.be/-3IaDqTyFSM

Today’s Brexit Vote is critical for Gold, Silver and the Stock Markets
https://youtu.be/xq1oSicZxhY

Gold and Silver Update w/e 17th June 2016 - by illuminati silver
https://youtu.be/0GSf9RpRRQA

Gold and Silver Update w/e 10th June 2016 -  by illuminati silver
https://youtu.be/4kddxWaxotQ

Buzzfeeds decision – Damages Trump or just a ‘flash in the pan’
https://youtu.be/VZfS6aBQ7rY

Gold and Silver Update w/e 3rd June 2016 -  by illuminati silver
https://youtu.be/UDpCcqgdDAU

Gold and Silver Update w/e 27th May 2016 by illuminati silver
https://youtu.be/5C1CcxTWtkw

More Americans aged 18 – 34 now live with their parents than for the past 130 years.
https://youtu.be/Rh4NAMwSzJQ

More from this channel