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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
World Gold Indices
Posted on 02/03/2007 07:26:00 | Link | Post Comment
Gold Seeker Weekly Wrap: Gold & Silver Gain Slightly on the Week
By: Chris Mullen, Gold Seeker Gold traded mostly slightly lower in Asia and London and rose to find slight gains by 9AM EST in New York, but it then dropped markedly over the next two hours of trade and fell to as low as $642.40 a little after 11EST before it rebounded a bit into the close and ended with a loss of 1.72%. Silver fell to as low as $13.20 before it also rebounded into the close, but it still ended with a loss of 2.49%.
As I have been stating for weeks, the chart picture in silver is much stronger that that of gold. In fact, Stochastics in silver are fully embedded. Silver is in a Bull Market and is getting stronger as it rallies.
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NOTE: Please click on the charts below to enlarge them if [read more]
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