Tuesday, June 21, 2011

Silver Wheaton & S&P500 Update

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Well, one down as Greece's PM won a no-confidence vote tonight and Greek default worries eased, next comes Federal Reserve Chairman Ben Bernanke's comments after the conclusion of a two-day rate-setting meeting Wednesday. Currently the futures are not moving too much on the vote outcome. Futures link

On another note BofA & Citi are bullish on gold, BofA $1500-$2000 range read   , while Citi see $1600+ in 2011.

Mad Money host Jim Cramer looks past Europe's problems and looks for reasons to be positive.

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