Showing posts with label gold and silver. Show all posts
Showing posts with label gold and silver. Show all posts

Monday, January 11, 2010

Silver

Silver is steady at 18 plus per ounce. It is trying to hit 19 which it should, but unlike gold the climb is often much slower. However, silver will reach 20 at some point. The reason continues to be the high price, the unstable dollar and economic plan that continues pushing the national deficit higher and higher.

Friday, October 9, 2009

Gold Falls on Bernanke's Words



Gold is seeing a slight drop on the words from Fed Chair Bernard Bernanke's noting they might be ready to tighten dollar production. The other reason for the drop may also be simple profit taking. As gold soared along the entire week, it is natural to think some investors will start taking profits. Silver is also off its' high, but remains above $17. There is little reason to believe that the drop will change the course of the two precious metals, just a one day profit taking session.

Tuesday, September 22, 2009

Two Educational Videos From Jim Rogers on Gold and Banking....

I always like to post videos...Here is one that offers some interesting thoughts about the fundamentals of commodities. The other is concerning letting banks fail. Both are from Jim Rogers.