Trading Comments, 7 September 2010 (posted 11h45 CET)

Trading and investing can be highly risky. Please read the Disclaimer.

Last week gold rose 1.1% while silver rose a stunning 4.6%.  After that performance, a day or two of ‘backing-and-filling’ would not be unreasonable, and it looks like the shorts began this week doing their best to keep gold and silver from exploding higher.  Nevertheless, I still expect both gold and silver to make new highs soon.

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