Silver no more the poor man’s Gold
Expect a 38-50% retracement of the $10 move to about $24 an ounce worst case, and then we should re-attack the $29 highs and likely move into the $32-$34 per ounce range within the next 60 days or so.
Gold rally to continue as dollar dips
Gold prices remained almost steady in Asian trade Wednesday, despite profit taking by some investors, as the dollar weakened against the euro.
Silver will continue to outperform Gold
Silver will continue to out-perform Gold for the foreseeable future as well if I’m right. It appears by my chart below that we already had our initial corrective low, and now we will consolidate and break out.
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