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 September 8, 2009 Charts courtesy stockcharts.com. Gold is once again the hot commodity as the price rises to the $1000 per ounce level. This $1000 to $1033 is a technical pivot point for gold. One of two things is going to take place in the coming weeks. If the price of gold can move above $1033 then I expect to see a lot of traders and investors buying gold, as they panic into the position because they do not want to miss another gold rally. Also traders who are short gold will be forced to cover their positions and this will send the price of gold rocketing higher towards the $1200 to $1500 area. On the other hand, if gold fails to break higher, we will see a swift sell off, as everyone sells their position. HUI – Gold Stocks Index – Monthly I like to use this chart for timing longer-term gold investments. Gold stocks tend to lead the price of gold on a percentage gain/loss basis and so far this month, gold stocks are on fire. This bodes well for gold. When I see breakouts on this monthly chart, I tend to take larger positions in gold and gold stocks because rallies tend to last 2 to 6 months. I like to take profits, as the price rises, so that I am locking in gains while still taking part in the continuing move. The gold stocks (Golden Rockets) we purchased two months ago are now up 45% and 100% from our entry point and they still look very strong. Taking some money off the table is a great idea. Gold could go either way fast and it’s better to sell some of the position to lock in profits and let the balance of the trade run. Too many traders swing for a home run and never take profits on winning positions. Winners eventually turn into losers if you hold on to them long enough. Money management is the key to successful trades. Price of Gold – Gold Bullion – Weekly Chart This chart clearly shows the breakout last week from the pennant pattern. The price of gold is nearing resistance. This week will be exciting as gold tries to breakout. Price of Silver - Silver Bullion – Weekly Chart Silver is not as close to the 2008 high like gold is but is still performing well. Silver is trading at a short-term resistance level and I expect to see higher prices this week. Precious Metals Trading Conclusion: Gold and silver are starting to run higher and with all the media coverage I expect to see money moving into precious metals for a couple months. This is an exciting time for precious metal investors and a lot of money is going to be changing hands once these metals pick a direction and start moving. 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)