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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (16730)4/4/2011 8:01:32 AM
From: giddy guru  Read Replies (2) | Respond to of 218841
 
I am holding AGQ and looking to buy more at lower levels. Surge in metal prices, especially silver is due to several factors. One may think lower $ is the prime force. Inflation, strength of industrial economy, people's interest in silver ornaments, and finally a safe-keeper for true value - all are pushing this metal higher.

When cotton made 120 year high, cocoa, sugar., oil and every single commodity is skyrocketing, only protection available against inflation and calamity is the investment in gold. Since gold is far higher range for most of the people, silver is climbing up to that status.

Besides fundamental, technically, any breakout AGQ here, has another quick 100 points are there in the chart. Just my thoughts.
/giddy