gsi=gold-silver-index still dwn fr 5/2011 attack
GSI (The Gold Silver Index (sum of the gold price plus the silver price#)) is still down from the May, 2011 flood-the-market assault.
On Friday, April 29, 2011, it was up to a NEW HIGH of $1,610.40 ($1,562.70 + $47.70).
4 weeks later, Friday, May 26, 2011, it was down to $1,520.70 ($1,486.50 + $34.20).
Today, 6 weeks later, June 10, 2011, it is still down at $1,556.63 ($1,529.25 + $37.38).
This is the longest sustained battle yet, especially against silver.
Still, both commodity/currency/barometers have rebounded, since the market voted with its pocketbook, especially China, to buy and hold gold and silver.
The GSI is turning around and hopefully will soon exceed the April 29, 2011 NEW HIGH ($1,610.40), on its way to wherever it's going, which can't be less for long the way the US is creating paper and digital dollars.
#London gold and silver, 1st or 2nd fixing, at/after 4:00PM EDT.
http://buygoldansilverlong.blogspot.com/2011/06/gsigold-silver-index-still-dwn-fr-52011.html
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