![]() Current Market Rates Per Ounce September 08, 2010 4:19:24 PM PST
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![]() Trading Gold and Silver By Chris Vermeulen December 10, 2009 ETF trading has made it so easy for traders and investors to get maximum exposure to the entire market without the high fees of mutual funds and manager. There are now ETFs covering almost every investment type whether it's stocks, indexes, sectors, commodities, bonds, real estate, currencies, etc. In this short report I will quickly show a few charts on what is happening for precious metals. ETF Trade Gold We have been in the GLD ETF for a few months as we ride this bull to new highs. This chart clearly shows how buying dips in a bull market can really pay off. I do have certain criteria which must be met before buying dips so I know the odds are in my favor. ![]() ETF Trade Silver Silver along with gold is looking ready for an oversold bounce. I don't think prices will jump and rally higher right out of the gate but eventually I feel the will head higher. ![]() Conclusion: Gold stocks and the broad market are in a bull market. The recent pullback has many traders worried. I think this an opportunity to bet into some positions before the next rally. Buying the dips in a bull market is a low risk trade until proven wrong. I think we still have more of a pullback yet but then we could have a very profitable year end Christmas rally. Let's see how the second half of this week unfolds. Join my Free ETF Trading Newsletter. 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) | |||||||||||||||||||