Monday, April 17, 2006

Gold and Silver Bull Market Summery April 17 - 2006

Relatively strong upward movement for Gold and Silver but still no real excitement , some market observers start to question the 1980 gold price high. The Great Global Gold Bull Market and Silver Bull Market are eccelerating and the signs of Third (years major)Elliot wave are clear. The Gold Silver ratio (XAU / XAG) = ~ 4.58, Dow Jones Gold ratio ( Dow / Gold = ~ 18.00, Gold / Crude Oil = ~8.53.


Gold

spot Gold intrady price chart














Silver

spot Silver intrady price chart














Related Post : The importance of the Dow Jones / Gold, Gold / Oil & Gold / Silver ratio



More Commodity Charts

4 comments:

jk said...

"some market observers start to question the 1980 gold price high"

Can you please cite a reference for this?

Anonymous said...

http://www.busrep.co.za/index.php?fArticleId=3202354&fSectionId=612&fSetId=662

http://www.kitco.com/ind/balarie/apr132006.html

http://www.nymex.com/press_releas.aspx?id=pr20060412a

jk said...

Ah, you meant they're starting to question the high as an upper limit. Not as in: question that it'll reach ever reach it.

On another note, could you post your thoughts on the COMEX commercial silver shorts and how that might affect silver's price ?

Rick J said...

I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.

Take a look at Wallstreetwinnersonline.com

RickJ

Search

SUBSCRIBE

Gold Global Perspective Feed

AddThis Social Bookmark Button AddThis Feed Button

Archive

Labels