Monday, May 14, 2007

The Next Big Move Will Be Up, Unless Silver Closes Below 1250 and Gold Below 630

SILVER & GOLD PRICES eased off today, but didn't really tell us anything. I believe this correction is nearly complete, and next big move will be up, unless silver closes below 1250 and gold below 630.

STOCKS rose again today. What are they forecasting? Better economy? Maybe not. In Weimar Germany under the 1920 - 1923 hyperinflation the stock market rose 28 quadrillion times, yet still failed to keep up with the inflation. Maybe the Dow is forecasting not good times but hyperinflation. Y'all be smart -- keep your eye on the pea, not the shells. Stocks will clean your pockes. Swap stocks for silver & gold.

US Dollar Index went sidewise today, but stayed above 82, the important mark. Higher prices coming soon.

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.