Is the EUR/USD done? Weakness at the top of triangle detected

The past week has seen the EUR/USD not able to break above a triangle that it is stuck within. The apex is coming fast and furious and breaks below the support around 1.425 could result in dramatic selling.  Keep watching this Forex pair for signals to where the overall world economy is headed.  Even though USD looks in the long term to end much lower than it is currently, if the S&P 500 / Dow rolls over, liquidation will give the USD a bid crushing the EURUSD pair.

Silver and gold Start to Move on global unrest, economic turbulence, and increase in inflation

This jump in prices over the past week has been expected by MarketScheming.  Today on market open, silver and gold started to move sharply higher.  This buy pressure can be attributed to a variety of reasons, from Economic woes in US and the EuroZone and Geo-political risk that has increase dramatically over the weekend.

Libya rebels make "final push" into Tripoli

Egypt and Israel strained over killing of police officers in Egypt

Israel continues offensive in Gaza

Increase calls for Syria's president to step down

Silver Break Out Imminent | Silver and Gold rise on geo-political fear and inflation

Silver is hovering between $40.50 and $41.00 looking to be ready to pop.  Based on many factors such as gold/silver ratio, technical analysis, fundamentals and geo-political climate, it has been MarketScheming belief silver will continue to ride to new highs. 

Below is a Live chart of silver from Kitco.

EURUSD Technical Analysis Chart - Triangle for EUR/USD which way will it break?

Massive Triangle the EUR/USD is in.  It will be interesting to see how this forex cross deals with the overbought condition on the market with in the next couple of days.

This market is going to be dramatically affected by the on going debt problems in the EuroZone along with the US debt woes.

Metal composition of Canadian Coins | Silver Content of Canadian Quarters | Canadian Coins metal composition

Metal composition and mass of Canadian Coins | Silver Content of Canadian Quarters | Canadian Coins metal composition

I was looking for the Silver content of a 1949 Canadian Quarter (which is approximately 0.16 oz) and I stumbled upon a blog that had a link to the BC Science Teachers Association website. This PDF contains the time period, composition, and mass of all circulating Canadian coins.

Mass and Metal Content of Canadian coins

Check out the Royal Canadian Mint for more information on Canadian coins.

See Page post: Metal composition of Canadian Coins | Silver Content of Canadian Quarters | Canadian Coins metal composition

Great Panther Resources (TSX:GPR) - Technical Analysis Charts and Predictions

It is my belief we are entering into a new impulse to the upside however there is potential that if 2.90 - 3.00 break watch out below.  So keep stops tight on entries.

The 200 Day MA is solid support along with the recent pull back which was 61.8% retracement.  Target prices are 4.25 and 5.20.  Great Panther Resources looks well positioned as silver continues its rise. 

ETF TBT | 20+ year treasury short analysis | Long end of the yield curve likely to rise

It looks like the bottom is in for TBT which is the 20+ year treasuries bear etf.

Breaks of the 27 and 28.5  levels will send this ETF skying towards 29.20 or 30.50 levels.  Volume came in today which if it continues will likely confirm the bottom is in therefore a top in the treasury prices which means a low in treasury yields.  Money is looking to flow out in to other assets such as stocks / commodities.