SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (1879)6/15/2006 4:07:47 PM
From: roguedolphin   of 50713
 
Posted by: roguedolphin
In reply to: roguedolphin who wrote msg# 13862 Date:6/15/2006 4:06:16 PM
Post #of 13895

investorshub.com

Gold and Silver Fibonacci correction targets were hit as I predicted they would be the other day.

Also it's interesting to note the correlation of the stock market and Gold/Silver......they seem to be rallying together "in sync".

One BIG thing to notice going forward may be my prediction/Marc Faber's of the "outperformance" of Gold relative to the Dow Jones Average or SP500 Index.

Today Gold +2.7% .... long Gold futures from yesterday
Silver +5.5% .... long silver futures from yesterday

DJIA +1.7%
SPY +1.9%

......"real things" or certain commodities may handily outpace the market returns going forward....ala Dr. Marc Faber's comments in some of my earlier posts. Something to look for if the printing of money continues to fund the massive US twin deficits.

"Printing" will most likely continue if the US rate of interest on our massive debt is not attractive to foreigners for actual purchase of our bonds as investments relative to the huge risks of currency devaluation.

Is the Yen carry trade to the rescue again????
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext