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Saturday, November 29, 2008

Silver is following Gold into Break out to the upside. SSRI, SLW, MGN, SST.v, OK.v, SBB.v, RVM.v, FVI.v

Silver was thrown in the towel in recent markets collapse, ratio Gold to Silver is at multi year High, you can not buy any physical in meaningful amount at spot price. Planes from London are literally flying Silver into India. Gold is a Call on Inflation and debasing US Dollar in QE, Silver is a Call on rising Gold. Coming move in Silver will be explosive if Gold will close above MA200.

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