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
at

4 comments:

  1. AnonymousMonday, April 17, 2006 4:59:00 PM

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

    Can you please cite a reference for this?

    ReplyDelete
  2. AnonymousMonday, April 17, 2006 5:19:00 PM

    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

    ReplyDelete
  3. AnonymousTuesday, April 18, 2006 9:37:00 AM

    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 ?

    ReplyDelete
  4. AnonymousThursday, May 18, 2006 6:04:00 AM

    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

    ReplyDelete