As the GGG&SBM advancing and gold and silver are loosing some of their "bad" investment stigma expect more and more precious metals investment vehicles as well as broader public participation. It will not be long before each and every exchange will offer gold traded funds. Today the Swiss Exchange is lunching a physical gold ETF under the symbol ZGLD. (source).
Meanwhile on the silver front :
Shanghai Gold Exchange is preparing to start silver trade, which will set the benchmark for Chinese prices, industry sources said on Friday. The new product could increase China's investment demand for silver and reduce its exports, they said. China exports about two-thirds of its silver production.
For anyone who is looking for Free real time quotes for the futures, stocks and Forex markets. I suggest you checkout ADVFN:FREE Real Time Quotes
I also suggest trying this interesting trading software which is based on AI ( Neural Network),Download TradingSolutions
I have annotated a daily chart of spot silver with Elliot wave count and trend lines, click on the chart below to enlarge:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment