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- - We're off again (http://goldismoney.info/forums/showthread.php?t=42252)

Silverity | 06-30-2006 09:57 AM
We're off again Though silver is lagging gold at this point in leverage terms. Gold is almost at a 38% retracement (target $614) of its entire drop but silver still has some ways to get to that point (target $11.67). Evidently, investors and traders think the Fed is done with dollar propping interest rate hikes.

graspAU | 06-30-2006 10:11 AM
Re: We're off again And I love CNBC...gold way up, silver way up, not even a word about it. All US markets down right now. No mention of commodities. Dollar down, stocks quoted in dollars and they are down, that is a double wammy.

RealMoney | 06-30-2006 06:36 PM
Re: We're off again Yeah CNBC they are funny. I really think it's funny when silver is up a bunch and they show Gold price, Copper and Platinum instead of silver like they usually do. When Platinum is up or down a few bucks and no one really cares about it, well, at least as much as they do about silver. Anything to keep the rally in silver from continuing sometimes. The other funny thing is PM's can be zooming up, and they will focus on anything but PM prices. Worthless stories about companies some tout is pumping. That's ok, cnbc. Keep people in the dark for awhile longer we still want to accumulate.:bandit::banana::banana::bandit: Quote:
Originally Posted by scottp999 (Post 288239) And I love CNBC...gold way up, silver way up, not even a word about it. All US markets down right now. No mention of commodities. Dollar down, stocks quoted in dollars and they are down, that is a double wammy.

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