Is Silver Ready to Breakout?


According to Noble Laureate Milton Friedman the majority of monetary metal throughout history has been silver, not gold. Silver is the word for money to 250 million people in 51 countries across the world and historically gold has been the money of kings while silver is the money of the people.

Recently the topic for debate has become “Is Silver than Gold as an Investment?” and the true answer lies in the future of the potential monetary value of the metal. Gold is hoarded while silver is used freely in industrial applications and small monetary units (nickels, dimes, quarters, etc). The spot price of silver like any other medium of exchange will fluctuate with the laws of supply and demand. So if silver is becoming for scarce, while the industrial demand increases..does this mean silver is ready to breakout?

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Gold Signals Remain Bullish – Dundee Wealth’s Martin Murenbeeld

Actions of Central Bank indicates Gold will retain bullish factors

gold_signals_remain_bullishMartin Murenbeeld, chief economist of Dundee Wealth Inc., stated that the firm weighs bullish and bearish scenarios in its analysis of gold prices to see which has the highest probability of becoming a reality. It was to no suprise that the bullish signals have remained dominant.

Murenbeeld participated Wednesday on a panel at the Argyle Executive Forum’s Gold Outlook conference, sponsored by the World Gold Council. He stated the number one signal that indicates gold will remain bullish is

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Why is Gold up $40?

Gold Market Update for October 2011

Gold as an investment 2011It was only last Tuesday that newsletter writer and frequent CNBC guest Dennis Gartman wrote that the gold market is suffering “very real damage.” His comments were picked up very widely making headlines in the financial media internationally. Gartman warned that he feared that the rally from September’s lows is “now under assault.”

With the most recent spike of more than $40 Dennis Gartman has done a swift about turn, now adding to his gold position by buying the metal priced in dollars, pounds and euros. He declared he was certain gold prices would

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