Monday, February 21, 2011

And the correction is over.


My last post talked about the possibility that the corretion in gold and silver might be over before March 1. So, I put up the figures for gold and silver as of yesterday, the 20th of February. As of today, gold has reached above 1,400/oz and silver is 33.4. This is the third day in a row that silver hit new highs, but gold is yet to reach 1,420.
We now see the usual end of a reverse head and shoulder: a breakout on the upside. And it is silver that is leading the way.
Happy Investing!

No comments:

Post a Comment