http://illuminatisilver.com
http://facebook.com/illuminatisilver
Gold and Silver Update w/e 13th May 2016 - by illuminati silver
Today is Sunday 15th May 2016 and we are providing our gold and silver update for week ending 13th May
Gold fell in US dollar terms last week by $15 from $1288 to $1273 an oz, having reached a high of $1288 and a low of $1257. In sterling terms gold fell by £6 and in Euro’s it fell by 3 Euros
Silver fell by 36 cents from $17.47 to $17.11 having reached a high of $17.57 and a low of $16.87. In sterling terms it fell 19 pence, and in Euros it fell by 0.18 Euros. The Gold to Silver Ratio rose from 73.7:1 to 74.4:1
The Dow Jones closed on Friday at 17535 down 185 points on the day and down 205 points on the week, and the NASDAQ closed at 4,717 down 19 for the day and down 19 points on the week. Brent Crude was up $2.46 cents at $47.83 and US Light Crude was up $1.55 at $46.21. The dollar index stands at 94.60 that’s up 0.72 on the week.
Gold rose on Friday but met some resistance just around the $12.76 level following a stronger than expected US retail sales report which showed that retail sales rose by 1.3% in April.
Technical analysts are a little concerned in that the MACD or moving average convergence divergence index is generating a sell signal, though consolidation just below these levels is more likely short term.
Silver fell early in the week, only to peak mid-week, falling on Friday, and then recovering some lost ground. Technical analysts suggest there is strong support around the $16 level and believe silver may indeed surpass $18 over the course of the next week or so. We still see considerable volatility and suspect that prices will now move more or less in close alignment with gold for the next couple of months, now that the gold to silver ratio appears to have settled in the early to mid 70’s.
Please view our latest videos:
Panama Papers database goes online today
https://youtu.be/yfAcwZkhheY
World Silver Survey 2016 – Summary and View on prices
https://youtu.be/f8JnMGn36AY
Gold and Silver Update w/e 6th May 2016 by illuminati silver
https://youtu.be/MMWMhWG7vpk
Trump wins Indiana and will become Party nominee as Cruz bows out
https://youtu.be/3i7Jw70n_zA
South Africa's President Zuma may be usurped and the Country fall into turmoil
https://youtu.be/QlFWt3bX_TM
China, PMI and gold and silver price issues.
https://youtu.be/A6SFkP89EXU
Gold and Silver Update w/e 29th April 2016 - by illuminati silver
https://youtu.be/BlMI5FE-Yv4
Donald Trump sweeps all 5 States and declares himself the presumptive nominee
https://youtu.be/k9W4QiG7_5s
Is it time tax Loopholes for the Super Rich were closed?
https://youtu.be/mvN92ph2f_U
Gold and Silver Update w/e 22nd April 2016 by illuminati silver
https://youtu.be/56dv-GVPUXY
Donald Trump wins New York with a landslide
https://youtu.be/Xb4snZdzw00
Does the number of HSBC Lawsuits put Deutsche Bank’s corruption to shame?
https://youtu.be/K23vwm7F6OI
Is Deutsche Bank a Criminal Bank rotten to the core?
https://youtu.be/_ZU8MzZpEF4
Gold and Silver Update w/e 15th April 2016 - by illuminati silver
https://youtu.be/x7RD7Wu3nMc
China, Hong Kong, Washington, Frankfurt - illuminati silver update
https://youtu.be/ijMt3cb1b7A
Will President Trump sell off all US assets to repay the National Debt?
https://youtu.be/5qJwMwCSc58
Gold and Silver Update w/e 8th April 2016 - by illuminati silver
https://youtu.be/XoTgZZFpMJQ
How negative Interest rates can be good for gold prices
https://youtu.be/YgKMPg7ksB4
Trump Loses Wisconsin to Cruz – Does this mark the end of his race to the White House?
https://youtu.be/70uJjq8AB78
Mossack Fonseca Leaks – Deliberate to Frame President Putin according to Russian Officials
https://youtu.be/ooEPorqIFBc
Secret Tax Haven Accounts Revealed in Panama Bank Mossack Fonseca leak
https://youtu.be/E6Wx7EwpAN4
Gold and Silver Update w/e 1st April 2016 - by illuminati silver
https://youtu.be/ooJQPnMdPKw 
