Bob Chapman Gold has won a battle over the Dollar becoming the world reserve currency

Bob Chapman on Discount Gold and Silver Trading Jan 21 2011
Bob Chapman explains why the gold is correcting, this correction is man made , but Gold has won a battle over the Dollar becoming the world reserve currency , JP Morgam runs the United States ...we are in for a bad bad time and it is only going to get worse...

The silver market is volatile

The silver market is much more volatile than gold. Crash abrupt and sudden flare-ups in prices are the norm rather than the anomaly. The first question to ask is the price of silver is linked to that of gold in a narrow or even influenced by macroeconomic dynamics linked to the demand of the industrial sectors?
the silver market is very tight and volatile, and it seems to me that LSIL is leveraged two, right? I am very optimistic for the white metal in the medium term but I believe that 2011 will be a year of agony and correction after an exceptional 2009 and 2010.

waited patiently for the moment to increase the positions (I doubled to open in autumn 2005 and May 2010 bradipotrading ...) but I need to purge the excess optimism about this industry and it takes months and months, not enough a few weeks .

Also keep an eye on the price of metals against the euro because it is what you really want to end. one against the dollar is important to study support and resistance, but the accounts you make them in another currency.

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