Precious Metals Weekly Analysis - Week 10 - 9 March 2012

I'm sorry I'm late this week and I'm breaking format.

I FINALLY got a chance to spend some time in my "man-cave" and I've been spending a LOT of time in there this weekend.  I'm quite proud of myself, but I'm STILL not in a state where I can reload... oh well..

I'm just going to put the charts up without much analysis.  I hope you can forgive me - leave a comment if you want my opinion on something or hit up BrotherJohnF blog's at brotherjohnf.com

Silver:

 We saw a breakdown through the primary uptrend I've been watching - and a dip below the 200 day moving average.  Both of which I bought into.  Watching this weakend trendline but still keeping some powder dry for a big pullback below $29.

Gold to silver ratio:

Same sort of story, saw a weaking of the primary trendline, but still no sign of a big reversal.

Gold testing it's 200 day moving average is a big deal and a good indicator to take a nibble if you can.  I actually bought a fractional coin for the first time... a Swiss 20 Franc gold coin.

Platinum, nut much to say...