Tuesday, June 14, 2005
Invest Silver News:
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| XAU Faces a Challenging June In my commentary of May 4 entitled "Finally, the gold stocks get their chance" it was observed that the XAU gold/silver index would "rally in the days ahead with the first nearby test at the 85.00-86.00 pivotal area, and then possibly to the 90.00 level." This mini-rally has been accomplished as of Thursday, June 2. But what of the days ahead? | ||
| Morning U.S. Precious Metals Review for March 28, 2005 METALS: OVERNIGHT CHANGE to 4:00 AM:London Gold Fix $424.90 n.a. LME COPPER STOCKS 45,125 metric tons -1,575 tons COMEX Gold stocks 5.932 ml oz -225 oz COMEX SILVER stocks 102.4 ml Unchanged OVERNIGHT ACTION: A lack of direction in Asia following the extended holiday weekend. GOLD: While the holiday continues to influence the gold market, it would seem like Chinese spot gold was lower overnight and that the Dollar looks to open the... | ||
| Why and How To Own Physical Gold & Silver? There is a big difference between owning gold and silver stocks and owning the actual physical metals. Please don?t equate them. You don?t need a broker to purchase gold and silver?you can do it yourself, but my one point of advice would be to deal with a trustworthy, established business. (GoldSeek.com has been in business for close to 10 years and our suppliers have been in business for more that 35 years!) The premiums are rather minimal. They are frequently around 5-7% of the total value of | ||
| Silver, copper reprise strong gainsMining stocks higher on hopes for seasonal rally CBS MarketWatch Jun 1 2005 10:13PM GMT | ||
| Gold & Silver Stocks - HUI, NEM, and the XAU Approach Their Long Term Upcycle Trendlines HUI, NEM, and the XAU are near their long term upcycle trendlines (see 1 year charts below). A major buying opportunity is likely early this week and may occur early on Monday 3-28. HUI, NEM, and the XAU may experience intermediate term cycle lows on Monday 3-28. The close near the lows on Thursday 3-24 suggests early weakness is likely on Monday 3-28. HUI's long term upcycle trendline is currently at 195 (see 1 year chart), NEM's is currently at... |
