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Gold and Silver look ready to make new multi-month highs

By James Turk | Gold, Silver | Comments are Closed | 8 June, 2009

Gold and silver have climbed higher as expected. Both precious metals now look ready to make new multi-month highs.

The End of Silver’s correction is near

By James Turk | Silver | Comments are Closed | 25 May, 2009

Silver has rallied above its 200-day moving average. It is now contending with resistance at the horizontal red line drawn at $15, which is a dividing line between overhead resistance and underlying support.

Gold/silver ratio finally sliced through support at the 68-69 area

By James Turk | Gold, Silver | Comments are Closed | 25 May, 2009

It has taken a lot of patience, but the gold/silver ratio finally sliced through support at the 68-69 area. The ratio has clearly broken down, meaning that silver is now outperforming gold.

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COMING COLLAPSE OF THE DOLLAR

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  • Flight out of #USD picked up momentum today. #US #Dollar Index finally sliced thru 102, but not yet oversold. Now h… https://t.co/lmAjCkTu18

    4 days ago
  • The #US #Dollar Index is hanging over the edge of a cliff. Is this the week it takes a tumble? Or does it hold 102… https://t.co/7UsxODumnX

    7 days ago

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FGMR My objective is to share with you my views on gold, which in recent decades has become one of the world’s most misunderstood asset classes. This low level of knowledge about gold creates a wonderful opportunity and competitive edge to everyone who truly understands gold and money.

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