Wednesday, February 14, 2007

End of February Could See the Gold Price Knocking at $720 and the Silver Price at $15

The Moneychanger is ill today, but comments from his bed of pain:

GOLD and SILVER PRICES are determined to go higher, possibly tomorrow. End of February could see the Gold Price knocking at $720 and the Silver Price at $15.

The US Dollar Index broke down. If it doesn't stop at 84, it may return to the last low. The Dow made a new high today. We are not impressed. The Dow in Gold Dollars barely moved.

Argentum et aurum comparenda sunt --
-- Gold and silver must be bought.

- Franklin Sanders, The Moneychanger

"Buy Silver and Gold Coins at the Best Prices"

To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $1,250.00; silver's primary is up targeting 16:1 gold/silver ratio or $78.13; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down.