Tuesday, December 1, 2009

GOLD HITS $1200!

GOLD finally hits the $1200 level and Silver is at $19.29 as I type, while the Dollar is at 74.27. I've been suggesting lightening up on gold & silver and entering oil, via the drillers [RIG & PDE]. The charts below indicate that the last time the US Dollar dropped under the 74 level the metals peaked and the play was oil. I've written and posted several charts over the last several weeks on how oil was set to take off. ~read~
*click chart to expand image

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