Metals Update: Gold, Silver, Copper SLW FCX

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Gold rose over 2% to three-week highs on Tuesday as weak U.S. jobs figures raised expectations the Federal Reserve will continue into next year its massive stimulus program that has bolstered bullion prices.

ITZ noted Gold was heading higher back in September READ

Silver Approaching Key Levels

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Silver Update

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"If I had to buy one today, gold or silver, I would buy silver, because it's more depressed..."- Jim Rogers CNBC

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Silver Nearterm Target

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Weekly Silver Chart

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How Low For Silver?

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Silver Breaking Down

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Silver as noted in last weeks post was within an uptrend channel LINK

Today it has broken down under that channel as both gold and silver are being sold off today. ITZ is looking at $39 as near term support.

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Past ITZ Posts