Gold and Silver Will Stay Positive the fundamentals are good we will see new all time highs in both gold and silver says Analyst Torsten Dennin whether the FED decides to raise interest rates or not ..."We are still positive, looking at year-to-date performance on the precious metals side," Torsten Dennin, commodity fund manager at Altira Group He added that the outlook for precious metals will stay positive even if Bernanke decids to raise interest rates .
Friday, April 29, 2011
Weak dollar pushing gold and silver higher
Momentum Is Still With Silver and Gold , silver hits an all time high in 31 years at $39.50 , gold hits a new record at $1537 , the bull market is set to continue all the fundamentals look good .... Jonathan Barratt, managing director of Commodity Broking Services says silver prices could pull back after hitting $50 level.
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)
Bob Chapman The Free Market is not free anymore
Bob Chapman - A Marines Disquisition - 04-28-2011
Bob Chapman we had a typical week of government intervention in the free market that is not free anymore , the government does this frequently knowing it can hold the market down they just ant to interrupt it or send it to the wrong direction , the former high in silver happened 31 years ago and the average investor was about 50 years old at the time so that would make him 80 years old today , most of them have deceased , there is no resistance in there ....
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