Thursday, September 16, 2010

Gold Price Closed at 1271.90 up 5.20

Gold Price Close Today : 1,271.90
Change : 5.20 or 0.4%

Silver Price Close Today : 20.74
Change : .20 or 1.0%

Platinum Price Close Today : 1,611.90
Change : 6.60 or 0.4%

Palladium Price Close Today : 546.95
Change : -10.20 or -1.9%

Gold Silver Ratio Today : 61.33
Change : -0.34 or 0.99%

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

US Dollar Index : 81.52
Change : 81.52 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.