A bit late this week.
Sorry folks:
Charts below:
Gold
It feels like gold has bottomed, but still also feels like it could go either way.
Silver
Silver feels like it's stuck in a downtrend, even though it broke the downtrend from around September.
Gold to silver ratio
I thought the GSR broke it's downtrend from 2008, but it fell back within range. Still on hold. (EDIT - when I said T6, I meant T1, which actually was 53.5.)
Platinum
This is interesting. Platinum broke the downtrend I've been watching. Is this the beginning of a rally or at least a return to it's ratio to gold? We shall see?
Conclusion
Not much going on. When silver broke out of it's down trend, I bought a bit. I still think lower silver prices are in order. Have gold and platinum bottomed? I don't know but I have a haunch they might have.
Not much on the horizon for swaps, but still ready to swap gold for silver, silver for gold, or platinum for gold.
Sorry folks:
Charts below:
Gold
It feels like gold has bottomed, but still also feels like it could go either way.
Silver
Silver feels like it's stuck in a downtrend, even though it broke the downtrend from around September.
Gold to silver ratio
I thought the GSR broke it's downtrend from 2008, but it fell back within range. Still on hold. (EDIT - when I said T6, I meant T1, which actually was 53.5.)
Platinum
This is interesting. Platinum broke the downtrend I've been watching. Is this the beginning of a rally or at least a return to it's ratio to gold? We shall see?
Conclusion
Not much going on. When silver broke out of it's down trend, I bought a bit. I still think lower silver prices are in order. Have gold and platinum bottomed? I don't know but I have a haunch they might have.
Not much on the horizon for swaps, but still ready to swap gold for silver, silver for gold, or platinum for gold.
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