Current Market Rates Per Ounce September 08, 2010 4:19:24 PM PST USD $  CAD $ Gold (AU): 1,256.00  1,302.47 Silver (AG): 19.93  20.67 Platinum (PT): 1,552.50  1,609.94 Palladium (PD): 522.00  541.31 USD-CAD Exchange Rate: 1.037 J&M Coin & Jewellery Ltd. 127 East Broadway Vancouver, BC, V5T 1W1, Canada Tel: (604) 876-7181 Toll Free Ordering: 1-888-244-9999 Fax: (604) 876-1518 e-Mail: jandm@jandm.com Web: www.jandm.com

The Precious Metals Report By Chris Vermeulen August 23, 2009 Charts courtesy stockcharts.com. Precious metals like gold and silver appear to be forming a bullish pennant formation, which generally leads to higher prices. Currently the US dollar is hovering around a support level, which is the 76- 79 range. Only time will tell if the USD breaks down sending gold to new highs in the coming months. Below is a 4 month spot Gold chart You can clearly see the pennant formation with gold nearing is apex. Soon enough spot gold prices are going to blast off or drop off. I continue to follow the charts closely as we near the apex for a low risk buy signal. Below is a 4 month spot Silver chart Spot silver price is forming a similar price pattern. Because spot silver is much more volatile the pennant is a little taller. Again we wait for a low risk setup. Precious Metals Trading Conclusion: Precious metals are slowly working their way to the apex of their large multi-month pennant formation. In the coming weeks or months I expect to see prices spike much higher with everyone dumping their money into the safe haven of GOLD AND SILVER. OR ... When spot silver and gold prices start to break down from these multi-month pennants we investors will start withdrawing our funds from precious metals at a very fast rate sending prices down. As always, I keep focused using my low risk-trading model, which helps to alleviate the emotional part of trading during a time like this. Knowing that my down side risk is generally under 3%. This allows me to stay calm and focused. When a trade goes against me, it is not damaging to my account and I review what I have done to be sure I followed my trading system as planned. Losing trades happens all the time in trading, as it's just part of the game. Knowing this, accepting it, and keeping losses minimal is what separates profitable traders from the not so profitable traders. If you would like to receive my free weekly trading reports, please visit my website at www.TheGoldAndOilGuy.com. TheGoldAndOilGuy.com is owned and run by me (Chris Vermeulen), an individual gold trading specialist. After sharing my gold analysis with friends, traders and financial advisors, I decided to make TheGoldAndOilGuy.com my full time job in 2003. This service was designed from the ground up to help individual traders who want to focus on consistent, accurate and profitable trades. Over the past ten years my strategy has been refined to one golden trading vehicle which has an almost 100% accuracy. The GLD (DGP and DZZ) gold exchange traded funds are now the most accurate trading vehicle I have seen, so it's my vehicle of choice. Members of TheGoldAndOilGuy.com not only get to trade my signals, but see my live trading charts and ask me all the questions they wish. My goal is for all of us to make money and have fun in life. Home | Products and Prices | Buying | Selling | FAQ | Articles | Forms | Top Website © Copyright J&M Coin & Jewellery Ltd. 2009. All rights reserved. Pricing index programming and site hosting by Sandrix Technologies Ltd. (AXD)