Tuesday, July 7, 2009

GLD vs SLV


The strong dollar lately has prersuured commodities. $GOLD has found support @ $921 level as a tug of war between deflationary/inflationary outlook continues. Hedge funds are buying on the pullbacks having a longer term timeline. It looks like the Silver/Gold ratio is being played. Some of my favorite gold stocks are AUY, AEM & RRS.

*Click on charts to enlarge image



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