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 : Gold and Silver Stocks and Related Commentary

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NOW who wrote (17037)8/12/2005 2:15:17 PM
From: Claude Cormier  Read Replies (1) of 18308
 
Too early to tell. I am pleased to see it holding on a Friday afternoon when in the past it has often collapsed after London close.

Given the seasonals that become strong only in September, some back filling make sense here. But the recent moved surprised us, so we may simply have more of the same and and break out in August.

I think that as long as we stay above the upper trend line of that symmetrical triangle we are OK. Moving below will bring back some doubts. Silver must stay above $6.90 and move above $7.30 before long.

But no matter what the metals does, some plays will give us returnes on our money this fall. It is getting very active with the drillers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext