Wednesday, September 15, 2010

Gold Price Closed at 1266.70 Down $3

Gold Price Close Today : 1,266.70
Change : -3.00 or -0.2%

Silver Price Close Today : 20.54
Change : .14 or 0.7%

Platinum Price Close Today : 1,605.30
Change : 10.90 or 0.7%

Palladium Price Close Today : 557.15
Change : 5.40 or 1.0%

Gold Silver Ratio Today : 61.67
Change : -0.57 or 0.99%

Dow Industrial : 10,572.73
Change : 46.24 or 0.4%

US Dollar Index : 81.61
Change : 81.61 or 100.0%

Franklin Sanders is on holiday and will return on the 20th of September 2010.

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.