GOLD & SILVER - next move?

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Old Dec 18, 2006, 5:22pm   #1
 
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GOLD & SILVER - next move?

SO are Gold and Sikver correcting recent rally - or will we see start of more serious decline? Looks like Gold should test suport near 600 level, silver down to 12 level? Any thoughts on where we are?
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Old Dec 18, 2006, 6:54pm   #2
 
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how come gold january is not expired 1 month before, like oil (today)?
We are at 614 ,...which is reasonable price,...but dolar should go to 1.2870, before a reversal, so gold should go down to 570-600...or not!, and less usa wars, could be a long bulish to dollar which shouldnt push gold so higher then it used,...my 2 cents
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Old Dec 18, 2006, 8:30pm   #3
 
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catracho started this thread true dollar could rally further..but if gold/silver weakens on the back of that, it would probably be a good buying opportunity..see chart..
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Old Dec 18, 2006, 9:30pm   #4
 
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true,...but never catch a falling knife,...i will try to buy oil tomorow,...today also do look so nice to buy (right now),...its the holiday coming that bothers me...many do need money so they will sell oil shares, gold shares (gold),..whatever just to buy presents ....and that might influence on stocks & futures (the liqudity must come from somewhere)...comon sense,...waiting is part of the game ,...and the falling half od fun....goog also look nice to buy

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Old Jan 6, 2007, 2:22pm   #5
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Quote:
Originally Posted by catracho
true dollar could rally further..but if gold/silver weakens on the back of that, it would probably be a good buying opportunity..see chart..
Sure is/will be .........

SILVER sees $20 next .......just a question of whether we see $10 first...........
Now around $12.....

Mad rush for silver "in the works"........ and I'm not sure demand will be able to keep up.
Just a matter of time.......don't be left out!
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Old Jan 8, 2007, 3:33pm   #6
 
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catracho started this thread Maybe a last rally for dollar, may get one more push lower on silver & gold? This recent rally looks like just a countertrend..so expecting the trend to resume soon.. and to see rallies in Gold Silver Oil

see chart.
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Old Jan 8, 2007, 5:18pm   #7
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Originally Posted by catracho
Maybe a last rally for dollar, may get one more push lower on silver & gold? This recent rally looks like just a countertrend..so expecting the trend to resume soon.. and to see rallies in Gold Silver Oil

see chart.
Catracho - I hope you're right on potential push lower for Gold/Silver... $10 silver would suit me just fine..........
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Old Jan 8, 2007, 5:57pm   #8
 
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i suspect lower
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