there has been a lot said lately in various PM sites about a possible selloff in PMs especially Au and Ag. maybe yes. maybe no. i certainly don't know.
any political economic news could cause PMs to soar at any moment in time. Iran, Israel, terrorism, N Korea, world wide fiat currency crisis, banking crisis, etc.
i would think that the easy money has been made so far. Au and Ag may continue to slide for some time, but April 2010 i would expect all PMs to rise and shine.
There is a rumor that problems at the Crimex could cause a pop in Au and Ag next week. But we shall see.
Lots of chatter about Pd and Pt ETFs as recently discussed, as the reason these guys have been doing well in December and outshining Ag and Au. (i.e. Mr Ag and Mr Au)
but i am a rehabilitating wino and a known and convicted confabulator, , so you can't really put any faith in my opinions.
good luck to all!
....................
Gold Bullion 1,098.00 up 2.00........ 1,104.00 1,095.00
Silver Bullion 16.95 up 0.09 ........ 16.98 16.83
Platinum Bullion 1,464.00 up 12.00........ 1,466.00 1,463.00
Palladium Bullion 407.00 up 13.00 ........ hi 407 low 401 |
