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This week in the metals brings to mind the Ohio Players song “Love Rollercoaster”. Maybe they loved it in the song. Not so much for the metals. Gold ended the week down .90% though silver ended the week up 1.76%. You can’t keep a good market down. Dips in price were followed by rallies except on Friday. The technical chart indicators continue to point upwards.

Economic reports this week included the Conference Board’s Leading Economic Index for March which was released on Monday and was lower, on Thursday, Durable Goods Orders for March was released and was way higher, and on Friday the University of Michigan Consumer Confidence Index for April was released and was lower. Love Rollercoaster!

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Until next time…

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