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.
Saturday, January 22, 2011
Alaska Gold Rush Part 9
When the going gets tough the tough seek new frontiers. Six recession hit patriots from Oregon become greenhorn gold miners.
Bob Chapman interview with Freeamerican69 from Tuscon 1-1-21-2011
The Fed that destroys and The Fed that claims to repair, Milken still rich, wake up to revolution in 2011, few jobs created last year, billions in costs to taxpayers, tax breaks for the mega rich, flat Christmas, TSA gets in your pants, understanding the looming crisis. Bob Chapman, ex-spy, Founder and Editor of the International Forcaster talks with Clay about the crimes of the Banksters.
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