Showing posts with label Precious metals weekly analysis. Show all posts
Showing posts with label Precious metals weekly analysis. Show all posts

Saturday, 25 February 2012

Friday, 27 January 2012

Precious Metals Weekly Analysis - Week 4 - 26 Jan 2012

Did I put 2011 in all my screencaps last week?  Don't you hate it when you do that?

Anyways... a VERY exciting week in the metals again.  Hi to anyone from CGN, if anyone still remembers me :)  Drop a comment below to let me know if my notoriety precedes me.  Please let me know if you think I'm a lunatic, on to something, or just want to troll... trolling is good...

It's ok either way...



The big news this week that seemed to boost the metals up was the FOMC meeting where Federal Reserve Chairman Ben Bernanke announced he extend interest rates at zero (Zero Interest Rate Policy - ZIRP).  This is very inflationary and a good signal that cash will be trash and fuel for the metals to skyrocket.

As for the charts!

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