A client who trades commodities puts a lot of faith in triangle patterns. In a recent email to me and other friends, he posted the above 13-year graph of silver. His comments:
If a person does not know...
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Posted by Administrator on October 29th, 2007
Category: Silver
Investors new to precious metals often ask which is better, gold or silver. Although not a difficult topic, discussing the matter can be long and convoluted. This blog post is not intended to cover all...
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Posted by Administrator on October 23rd, 2007
Category: Gold, Silver
According to IMF statistics, the United States is the world’s largest single holder of gold, with a reported 8,133.5 tons. Germany is a distant second with 3,417.5 tons, and the IMF controls 3,217.3...
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Posted by Administrator on October 11th, 2007
Category: Gold
The Central Bank Gold Agreement calendar ended September 26, and early estimates have gold sales under the agreement falling short of the annual 500-ton limit. However, it appears that there was a “rush...
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Posted by Administrator on October 4th, 2007
Category: Gold
After suffering a $21 decline August 16, gold went on a tear and with Friday’s $10 gain traded in the $744 range. In about six weeks, gold tacked on nearly $100 for a 15% increase. Silver, which...
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Posted by Administrator on October 1st, 2007
Category: Gold