Tuesday, June 9, 2009

Is The Correction In Gold & Silver Over? Is This Just A Beginning?


This week we have seen precious metals and mining stocks peak, just as I've indicated in the previous Premium Update. In the summary of last week's update I wrote that "Although prices of gold, silver and mining stocks are reaching their own resistance levels, such a correction will most likely be caused by some kind of catalyst, probably a strong move in the U.S. Dollar, or in the general stock market". It turned out that the catalyst was in fact the U.S. Dollar, however I will get back to this issue later in this update. (more)

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