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Strategies & Market Trends : Ride the Tiger with CD

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To: jennifersilversun who wrote (64478)10/28/2006 11:43:14 PM
From: Chuckles_Bee  Read Replies (1) of 312482
 
The original Taikun post was on 8/21/06 and said those indicators said "BUY GOLD" 3 times.....and the next 6 days was down (using GLD as ref).

Besides, never buy gold....buy silver.
If you are a low/high trader....same pattern...more volatility.
If you are longer term...silver will also offer much better returns than gold (10X vs 3X (rough average pundit guess)).

Compare AUY to SLW from 10/4 (recent low) to 10/26 (recent high).
AUY ...roughly 8.20 to 9.70....so +1.50
SLW ...roughly 8.50 to 10.60...so +2.10
...or use GLD vs SLV if you prefer.

silverinstitute.org

- Did you know you can buy a washing machine that uses silver ions? NO detergent or bleach required.
- Coated in refrigerator interiors, nano-sized silver ions keep food fresh 15 days longer than average and prevent the onset of malodor from affecting food taste.
- You can even buy socks with silver that prevent foot odor, prevent Athlete's Foot, itching, chilblains and heel cracks.

Regards,
CB.
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