Has been lifted mainly by the fact that India had bought 200
tons from the IMF along with other news of purchases and the rumour
of more counties and CB's buying Gold, while there has been no news
of anyone buying up large stashes of Silver it has been pulled by
the positive sentiment to Gold. IMHO
Gold 1183
Posted by isplat on 25th of Nov 2009 at 08:24 am
unbelievable. Anyone got any ideas why Silver is lagging?
Silver is lagging because it
Posted by matt on 25th of Nov 2009 at 09:45 am
Silver is lagging because it is more of an industrial commodity, whereas gold is a pure precious metal.
NewHomeSales/ConsumerSentiment
Posted by saturn6 on 25th of Nov 2009 at 10:03 am
United States
New Home Sales (Oct)
United States
New Home Sales (MoM) (Oct)
United States
Reuters/Michigan Consumer Sentiment Index (Nov)
Gold..
Posted by saturn6 on 25th of Nov 2009 at 09:06 am
Has been lifted mainly by the fact that India had bought 200 tons from the IMF along with other news of purchases and the rumour of more counties and CB's buying Gold, while there has been no news of anyone buying up large stashes of Silver it has been pulled by the positive sentiment to Gold. IMHO
Silver
Posted by rbreese on 25th of Nov 2009 at 08:41 am
Big resistance at 19.00 [ Silver]and both are way overbought.
Thx rbreese
Posted by isplat on 25th of Nov 2009 at 09:03 am
agree, have exited my Ag long.