Silver and Gold prices have taken a nose dive on Thursday and then again today Friday . $1,500 Key Support Level for Gold says Jon Nadler, senior analyst at Kitco.com . This diving is more pro dollar than against Gold , The US Dollar seems to be the safe heaven for the moment
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Friday, June 24, 2011
Gold & Silver Selloff continues
Gold & Silver Selloff continues from Thursday . David Morgan the Silver Guru gives his take on How to Trade the continuing Selloff in Gold and Silver , a lot of it has to do with this Ben Bernanke's QE2 approaching the end says David , the $1500 in Gold is psychological level we will see what happens from there the psychological level for silver is 33 dollars and change , David Morgan says that his position is as always short silver long Gold
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
John Stadtmiller June 21 2011 Roundtable-Noel, Bennett but no Bob Chapman !!!
John Stadtmiller June 21 2011 Roundtable-Noel, Bennett-Commercial Free. Weekly honest open discussion round-table about the behind the scenes happenings in the financial world. Some say this is the best two hours in radio. Robby Noel and Jeff Bennett, no Bob Chapman.
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John Stadtmiller
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