After Short Term Correction, Silver Should Outperform Gold
Sol Palha submits:
See it big, and keep it simple.
Wilferd A. Peterson
From high to low, silver has dropped over 24%. From high to low, gold has so far shed only roughly 12%. Silver also did not take out its 2008 highs when gold went on to put in a series of new all time highs. This is another massive intra market negative divergence signal and yet another reason to suggest that gold could correct/consolidate for several months. On a positive note, gold has held up remarkably well in the face of a very strong rally from the dollar. If it continues to hold up like this, then when the dollar rally finally fizzles out, one can expect gold to literally explode upwards.
Investing, Long Term Investment, stock market | admin March 3, 2010
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