This week looks like a big week for gold and silver if Friday is anything to go buy.What realy stands out to me was the massive downward move in the US dollar index it fell 1.39% in 24 hours,so in three days it has fallen from 81.60 to 79.15 thats a fast fall for the index. Also there was a big move in the Dow up about 360 points in three days.the AUS dollar went from .96 to .99c US in the same period. As for Silver it went from $28.40 to $29.38 up 3.4% in 3 days just 62c short of $30.00
Well here I go my short term predictions for the next two months till the end of Jan (barring war or another Ireland) The Dow over 12000,US dollar index below 75.00,AUS dollar above $1.05,gold around $1500,silver around $35.00 and the gold to silver ratio close to 42. Happy to be proven wrong thats just the way I see it when you print money and buy your own debt. Please put your own ideas out there if you have a different veiw.
