silver and gold# Stock
s*e
1 楼
I have seen several postd about silver and gold here. Most of them are
basically betting with guessing what the US government and large financial institution are doing. However, I would like to remind people several facts here: 1. US dollar has been down lot from last year( you can check USD and CAD, USD and AUD, USD and EUR). 2. the US economic has shown some slow down in recent months. 3. Fed are still believed to hold the low rate interest for a while. So fundamentally, dollar is still weak though we have to worry about GREEK. On the other hand, gold and silver has risen lot since the beginning of this year,a correction is overdue at this time. At this moment I believe silver's correction is almost done while Gold still has some room for correction.
basically betting with guessing what the US government and large financial institution are doing. However, I would like to remind people several facts here: 1. US dollar has been down lot from last year( you can check USD and CAD, USD and AUD, USD and EUR). 2. the US economic has shown some slow down in recent months. 3. Fed are still believed to hold the low rate interest for a while. So fundamentally, dollar is still weak though we have to worry about GREEK. On the other hand, gold and silver has risen lot since the beginning of this year,a correction is overdue at this time. At this moment I believe silver's correction is almost done while Gold still has some room for correction.