by Brittany Stepniak, Wealth Wire:
Economic reports today suggest things are picking up a bit: Payrolls might be expanding more than they’re contracting. Unfortunately, separate reports also suggest that the UK’s economic woes will have a negative effect on the U.S.
The mix of good and bad news has the stock market and the precious metals market relatively “steady,” without great movement in either direction.
Gold is trading pretty steadily, but gold and silver bulls are a little “shaky” on technical grounds. Despite the fact that gold and silver traded down slightly today, not much has changed in the big picture. So fear not.