Change : 16.30 or 1.22%
Silver Price Close Today : 22.786
Change : 0.204 or 0.90%
Gold Silver Ratio Today : 59.256
Change : 0.187 or 0.32%
Silver Gold Ratio Today : 0.01688
Change : -0.000053 or -0.31%
Platinum Price Close Today : 1448.90
Change : -18.10 or -1.23%
Palladium Price Close Today : 745.80
Change : -2.05 or -0.27%
S&P 500 : 1,752.07
Change : 5.69 or 0.33%
Dow In GOLD$ : $237.45
Change : $ (1.42) or -0.59%
Dow in GOLD oz : 11.487
Change : -0.068 or -0.59%
Dow in SILVER oz : 680.65
Change : -1.90 or -0.28%
Dow Industrial : 15,509.21
Change : 95.88 or 0.62%
US Dollar Index : 79.634
Change : -0.051 or -0.06%
Franklin didn't post commentary today, if he posts later it will be available here.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
© 2011, 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.
Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.