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#141
13th August 2008, 12:07 PM
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Re: Free Advisory on Gold , Silver and Crude Oil
silver is at $14.70...... what are the charts suggesting....
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ijredart (13th August 2008) | ||
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#142
17th August 2008, 10:26 PM
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Re: Free Advisory on Gold , Silver and Crude Oil
Hello Vipin,
Thanks for your advisory. Gold has retraced its gains of the bull market from the lows of 1999-2001, and is now below 200DMA of $800. Once it breaks $780, it could test $738 (38% retracement). But silver has retraced 50% of its bull market. Do you have any idea why silver is dropping faster than gold? Will it be the first one to rise? Usually such a fast drop is associated with an impending recession I am told. What's your take on that? Paresh
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ijredart (18th August 2008) | ||
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