Sunday, November 4, 2007

Silver Streak

Okay, I'm going out on a limb for this new week and calling silver higher in the wake of gold breeching $800 US.

If Silver closes over $14.85 as per the maestro's call (James Turk) that $14.85 is the breakout point. http://goldmoney.com/en/commentary.php#current

I am personally going to buy the breakout when it happens as silver should move like gold from its pennant formation.

Have a great week all and good luck,

Kiwi Envoy

1 comment:

Djangofan said...

i personally think gold and silver aren't going anywhere yet. people are starting to believe, correctly, that the recession is going to be much longer lived. 2-3 more years.