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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.47-0.2%Dec 5 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (100985)6/10/2013 1:30:59 PM
From: Robin Plunder  Read Replies (1) of 218195
 
silver looks even worse, I think, having now broken below the april lows...even more feeble rally than gold.

It is all very strange tho, hard to explain with all the fundamentals in place for precious metals. I wonder if the decline in the yen, causing a rise in the dollar, is related to the drop in gold in dollar terms.

Still, seems like the japanese should be buying gold, adding to the demand and causing the gold price to rise.

strange that copper does not look that bad yet, but has still broken the neckline on the weekly, since about a month ant a half, and has not been able to rally back above the neckline.

In any case, gold and silver have had a much worse decline than copper.

rp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext