just goes to show how futile it is to speculate on the day to day SP movement
how many fingers must be singed before we understand that?
better to keep your eyes peeled on the movement for the next two quarters, rather than what will happen on Monday
I know that is a bit boring, but it much easier to appreciate the SP in a macro-context
Next two quarters should see gold rise. At some point gold should see $1500 in 2010.
Silver rides the tails of gold.
I will hold CCU until we crack 50c at least, which I expect this year. Nearly double the price at close today.
On the flipside, if there are macro forces which torpedo the general market, I hope to see it coming and will post here a "heads up"
For now, 50c is my target.
For sheer speculation, I think we're about to move higher, with a little volatility on the way.
I may take this opportunity to expand upon the "slingshot" effect of silver, when gold rose, in the 1970s.
This would best be explained by a graph. I will do this, but I have not inserted a graph before - can anyone advise me how to do this?
just goes to show how futile it is to speculate on the day to...
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