Tuesday, September 28, 2010

The Gold Price Closed 1306.60 and the Silver Price Closed at 21.68

Gold Price Close Today : 1,306.60
Change : 9.90 or 0.8%

Silver Price Close Today : 21.68
Change : .23 or 1.1%

Platinum Price Close Today : 1,635.70
Change : 5.60 or 0.3%

Palladium Price Close Today : 560.30
Change : 9.60 or 1.7%

Gold Silver Ratio Today : 60.27
Change : -0.18 or 1.00%

Dow Industrial : 10,812.04
Change : -48.22 or -0.4%

US Dollar Index : 79.39
Change : -0.76 or -1.0%


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


- Franklin Sanders, The Moneychanger
The-MoneyChanger.com

© 2010, The Moneychanger. May not be republished in any form, including electronically, without our express permission.

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 $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.