Sunday, July 10, 2011

gold/silver price discovery

gold/silver price discovery

The market has been telling the world for 10 years that the prices of gold and silver are going up in a repeating up-down fashion where prices drop temporarily below new highs.

When one adds up all the ups and subtracts all the downs, the result is a net gain unlike anything else out there.

Selling comes at the peaks and buying comes in the valleys.

Thus has the market spoken.

It matters to investors that this is happening.

Theories abound from one end of the continuum to the other.

Publicity is out there from one end of the continuum to the other.

Most of it says the 10 years is the end of the net gains.

Most of it says stocks, not backed by silver and/or gold, are the way to go.

The market reacts to such polls.

It also reacts to everything else going on.

The result is the prices for everything.

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