A blog dedicated to commentary, technical analysis, and the general machinations of the global gold and silver bullion markets with additional commentary on the global economy and related commodity markets.
Silver's 200 WEEK MOVING AVERAGE is presently at 27.02. Today's low in Silver comes in at 27.20. Silver last tested and held it's 200 WEEK MOVING AVERAGE in July of 2009. This would appear to be a supreme buying opportunity for those wishing to obtain REAL physical Silver, or add to existing positions.
The fundamental reasons for owning Silver remain the same and unchanged. The illegal and US government sanctioned selling of Silver that DOES NOT exist on the NY COMEX by the bullion banks is merely offering one more opportunity for "the people" to protect themselves and their wealth prior to a now inevitable crash of the global financial system.
West Much Closer To Collapse As Gold War Continues To Rage
On the heels of the Cypriot Finance Minister quitting and continued volatility in gold, today acclaimed money manager Stephen Leeb told King World News the West is much closer to collapse than it was...