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Strategies & Market Trends : Ride the Tiger with CD

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From: Boolish	5/28/2009 8:55:02 PM
	2 Recommendations Read Replies (3) of 313075

The day gold broke $1000 I snapped a picture of the ticker with my blackberry. Was flipping through my pictures tonight...I caught it at gold $1001.10 and silver 14.54. Interesting that today gold is $960 and silver 15.20. It would appear the gold/silver ratio is slowly returning to the 50 range...quite typical of silvers behavior. The historical sequence is gold does all the work...silver plays catch up...and junior PM stocks eventually have parabolic moves. Gold piercing 960 today was an important piece of the puzzle. Who wants to be a millionaire..

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