trading

trading

Wednesday, 27 April 2011

After Bernanke's press conference.





The dollar continued lower while precious metals headed higher. The general market headed higher as well. In other words, the market sees a continuation of devaluation, money printing, and rising prices.

"road to truth"


"There are two mistakes one can make
                                                         along the road to truth - not going all
                                                           the way, and not starting." - Buddha

                                                               Illustration by jared@flickr

Monday, 25 April 2011

Silver







While the secular bull market in precious metals remains intact, and silver is still well under its inflation adjusted peak price of $129.59 achieved in 1980, silver is highly volatile, typically moving two to four times the moves of gold, thus it is prudent to keep a close eye on signs of intermediate term tops especially after the huge move we have seen in silver.



The information contained herein is not, and should not be construed as an offer to hold or an offer to sell or an offer to buy any securities.