Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, November 9, 2011

Alternative Investment. Gold. Platinum. Silver.

Here's a chart of gold on a 2 year frame, with daily prices currently staying above 30 and 200 day MA ...
You can pull similar 5, 8 and 10 year charts and they exhibit similar trends ...
Good entry point 1,550 ...
Platinum spot price (Xpt/Usd) tends to be volatile as shown recently on this 2 year frame chart, presenting a good opportunity to take a position at recent low of USD 1450 ...
Pull out a 5 year frame chart and you'll can see Pt peaks at USD2270

Silver plunged from recent high of USD 48/oz and is hovering at 34 level ...
Buying on dips below USD30 seems like a good tactic ...

No comments: