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Premium Update
July 15, 2011, 12:00 PMThis week we've seen a report stating that gold is on its way to 1320 - is the bull market really over despite the recent sharp rally? Today's update includes our discussion of the main points behind the above-mentioned report.
Speaking of the recent sharp rally - it took gold to new highs, but silver and mining stocks are nowhere near analogous price levels. In fact, silver moved to the same level, it moved to just after the early-May plunge. HUI Index reached a resistance level as well. What's likely to happen next? Is the decline over and other parts of the precious metals sector will follow gold higher or will the opposite be the case? Today we answer this important question and additionally include both: downside and upside targets.
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Premium Update
July 8, 2011, 12:00 PMSummer season is generally a good time to travel and we begin this week's Premium Update by taking you on a brief tour around the world to see what is happening with gold. We view the recent news from India as the most interesting.
Gold moved sharply higher this week. Is this the first sign of a much bigger rally or should you not put too much attention to it? Gold stocks and silver have been showing strength in the past several days - is this bullish or bearish for the precious metals market? In addition to replies to these questions we comment on the current situation in the Euro- and USD Indices and we included our thoughts on the general stock market.
Finally, there's been an argument lately that silver is poised to rise sharply due to the situation visible in the CoT reports. Should you jump right in, or is this rather irrelevant? In today's issue we deal with this important question.
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