View Full Version : Which Comes First?
LuckyStrike
5th March 2011, 02:32 PM
Which Comes First?
MAGNES
5th March 2011, 02:51 PM
All of it may come at the same time, gold is what people should be watching,
the usual shorts are not operating like they did other years, first time in 6
years I have been watching we have higher highs in silver with COT closing
out, before it was 1:1 relationship with highs, right now gold closed above
key 1425 for more than a few days and friday showed great strength,
usually on friday they can knock it down, usually thinner and easier to do,
early next week will be key, gold closing above where it is basing now,
we are going to have higher highs most likely, april may are traditional
seasonal peaks, they didn't knock it down to control it, to keep the established
high, so gold will go higher and we will see where silver lands. I don't think
oil is driving gold. In 2008 media hype and AIPAC bluffs gave us a peak on oil.
Maybe the same thing is going on, high oil prices, we must invade baloney.
Spectrism
5th March 2011, 03:07 PM
I say silver. Gold will rise more slowly. Consider what paladium did in relation to platinum.
IF & when oil hits $200/bbl, the economy will be stymied. Before then, emergency measures will have been put in place to release US domestic oil that is now sitting capped. We have more oil in the US than the middle east has.
Ponce
5th March 2011, 03:17 PM
I didn't even have to think about it...........silver of course.
ximmy
5th March 2011, 03:40 PM
silver needs to correct upward in a big way...
RJB
5th March 2011, 04:22 PM
Traditionally a silver (<64) quarter bought a gallon of gas. A quarter is selling for about 6 dollars. gasoline has some catching up to do with silver, and silver has some catching up with the G/S ratio.
drafter
5th March 2011, 04:34 PM
I think the metals are too manipulated to allow the kind of spike that will happen with the oil speculators. For some reason TPTB really don't want to allow Gold or silver to achieve its true worth in relation to their funny money. As for Oil, I think they're more than happy to let it all crash and burn as long as their making some cash on the way down.
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