The SILVER PRICE, too, had a rough day, down 13 cents to close at a cliffhanging 1321. Then in the aftermarket it's up a lot at 1333 cents. Often a price change in the aftermarket means nothing, but this looks right vigorous.
STOCKS looked flabby today, although that doesn't say they won't go higher. I don't want to own them anyway. Swap stocks for silver & gold.
The US DOLLAR INDEX closed below 83 again today, but higher than the last time. Will it go lower tomorrow? The trend flows that way.
It was a lazy day talking out of both sides of its mouth. Most likely we'll see higher metals prices this week.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
"Buy Silver and Gold Coins at the Best Prices"
http://the-moneychanger.com/
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.
