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 : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: shakes12 who wrote (85995)2/21/2013 10:52:20 AM
From: TH2 Recommendations  Respond to of 119361
 
s12,

Not a bad read. The inverted chart is interesting.

I tend not to read King News very much, as I find them just a bit too bullish for my taste, but there are many good contributors there.

Silver is trading higher than the key pivot. Let's see if it holds.

Looking at the broader horizon, the Fed is still funding approximately 540 billion of Congress's out of control spending. I do not see any action that says this is going to end. The rest is just talk. Thus, gold is still a long term hold.

As long as that clown Bernanke breathes and has a desk job at the Fed, gold is a buy.

How it, silver, and miners trade in the near term...I have not a clue.

GT
TH