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June 2, 2006

Factory orders, Fri., June 2, 2006, 10:56 AM

There was extreme weakness in factory durable goods orders reported this morning, which gives more reason for the Fed to pause. That is a positive for gold.

Gold shares zoomed at the open, then fell off a bit, but are still market leaders. I see no reason for that to change for many days now.

Spot gold chart at INO.com

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One of my real-time gold monitors, which I set up at ADVFN.com

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Posted by Posted by Bill Cara on June 2, 2006 10:54:30 AM | Category: Cara Today in the Market

Discourse

Bill, where does the great gold miners table above come from? I'd like to set one up for myself. Thanks

Posted by: glenn-mp [TypeKey Profile Page] at June 2, 2006 11:07 AM [link]

He actually mentions it just above the table in bold:

"One of my real-time gold monitors, which I set up at ADVFN.com"

You'll probably have to type in the symbols yourself, though.

Posted by: tc [TypeKey Profile Page] at June 2, 2006 11:31 AM [link]

tc, I added that heading after I received glenn's request. Not being a professional editor, I do the best I can, in the time I have available, and I try to eliminate as many obvious questions as possible.

Posted by: Bill Cara [TypeKey Profile Page] at June 2, 2006 11:38 AM [link]

I was ready to say oops! Thanks Bill

Posted by: glenn-mp [TypeKey Profile Page] at June 2, 2006 11:46 AM [link]

Bill, do you think it would be a good idea to mark edits to your initial blog postings (e.g., "One of my real-time gold monitors, which I set up at ADVFN.com [added in response to glenn-mp at 11:15am]") ? More work for you, but less miscellaneous comments to wade through.

Posted by: tc [TypeKey Profile Page] at June 2, 2006 11:52 AM [link]