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« Silver Wheaton Corporation A Good Second Quarter | Main | First Majestic Silver Corporation: Update 20 July 2009 »
Monday
Jul272009

Gold and Silver A Few Thoughts

Gold, Silver, USD, INDU Chart 28 July 2009.JPG

Chart courtesy of Stockcharts

As July comes to end and August usually presents us with a few weeks of bargain prices in the gold and silver space its time to make a few decisions. The main players in this theater of dreams are the US Dollar, the Broader markets, Politicians and Bankers, Oil and that old intangible ‘gut feel’

Over recent times the dollar has performed more or less in an inverse way to the broader market, as the appetite for risk returned so the the broader markets moved up with the DOW trading above the 9000 level (read more…)

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