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| Discuss Free Advisory on Gold , Silver and Crude Oil at the Metals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by amarnath Target zone 722 < > 716 met if still like to ... |
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#91
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#92
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#94
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Hi all,
Those keeping 20% long in Bullion hold it for higher trgts or this is good point to rebuild long as of this outlook . Silver look more phenomenal than gold at more at moment hence i prefer to add long silver at moment rather than gold. Silver Buy on dips in zone of 14.45 < > 14.18 stop below 13.88 T1 - 16.38 T2 17.68 and once market trades near or above 15.57 then trail long to cost and hold to run in surge
Last edited by amarnath; 5th November 2007 at 11:43 AM. |
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#95
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Hi all,
Look below chart for silver/gold divergence and you may understand why i prefer silver than gold this time in general terms silver is undervalued stocks
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#96
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Dear All,
This disparity in Gold and Silver Run is evident. However one has to understand the reason of the diversion in rise of Gold and Silver. US economy is moving towards recession. As such Dollar is weakening Day by Day. All Central Banks have reserves in Gold / Dollar ,etc. Due to weakening of Dollars all are shifting / converting Dollar Reserves to Gold. [ Mind you only Gold and not Silver.. ! ] Thus as long as Dollar keeps on weakening, it is quite possible that Gold will outperform Silver. Once Dollar stabilizes at any level, then it is likely that Silver will outperform gold hugely. (Plus Silver is now being categorised as an Industrial Metal also.. so now other factors relating to industrial production also apply.). rgrds. Best Deal = Vijay |
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#97
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Hi all,
$ index chart seems still not bottomed out so its too early to bet if any to look for metals to correct or crash based on $ move wait for some reversal signs on $ index chart before placing some contra trending bets
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#98
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Pl anyone can provide my Gold & Silver Historical DATA
require Open, High, Low, Close since max available date. |
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#99
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#100
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some more updates later
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