Gold and silver prospects

[Dutch]

excellent read... http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/10/6_Norcini,_Sinclair_-_Financial_...

[SimonPB]

and
Gold and silver on the fly .. http://ow.ly/2Pc7w

[#3]

Just watching gold prices shoot through 1360s and my gold shares are going nowhere slowly. How boring.

[striker]

.Simon - whats the deal with your Silver offering ? Is it a futures contract,an ETF,or an option ? Also what is the trading code.

[SimonPB]

SBAS1 is the silver ETN .. the silver futures we are testing and will launch in a month or so ..

[#6]

I am starting to get a feeling that we going to see a correction soon???? hmmmmmm. I am out. looking to go short......soon....if 1340 doesnt hold then it can get nasty.

[striker]

Like Simon I'm no Gold bug - But there are signs all round to suggest precious metals ,Gold in particular,could have a strong and sustained run upwards. Weak $,US. economic policies,threat of D/Dip, inflation fears and so on. I've gone into GLD (small amount)and wiil also be looking at Silver. OMO.

[#8]

Agree, but gold is getting more and more volatile. I can easily see a 100 point drop followed by 200 points back up by the end of this yea still.

[SimonPB]

problem is .. weak US$ means strong ZAR ..

[#10]

Agree, but gold is getting more and more volatile. I can easily see a 100 point drop followed by 200 points back up by the end of this yea still.

[striker]

.Simon ,you're right of course,but the Rand's honeymoon might be coming to an end.

[#12]

There is a limit to how strong it can get.

[SimonPB]

snap/striker .. sure an sure .. except there is a trend and standing in front of it tends to be bad for ones health .. an worse for ones bank balance .. thsi Rand could go to 6.50/6.00/5.???