Current Market Rates Per Ounce May 17, 2012 3:38:45 PM PST USD $  CAD $ Gold (AU): 1,573.72  1,603.78 Silver (AG): 27.99  28.52 Platinum (PT): 1,448.00  1,475.66 Palladium (PD): 601.50  612.99 USD-CAD Exchange Rate: 1.019 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

Market Sentiment Reaching Extreme Levels for Gold & SP500 By Chris Vermeulen May 12, 2011 This week we are seeing fear across the board from traders and investors as they dump their long positions is stocks and commodities. Just in the past two trading sessions alone we have seen extreme overbought conditions and extreme oversold conditions which generally mean another big move is brewing. Fear (panic selling) has very distinct characteristics when looking at the intraday charts and we are seeing those price and volume patterns forming now. When waves of buying and panic selling start to take place back to back, I start to prepare for a trading setup which should form within a couple of trading sessions. Keep in mind that fear is a much more powerful force in the market and once extreme levels are reached, we typically tend to see continued selling for 1-3 more days afterwards. This is the reason I tend to scale into oversold market conditions as I can potentially enter at lower prices within the next couple of sessions to build a position with a reduced cost basis. SPY 10 Minute Chart of My Market Sentiment Readings Panic selling, coupled with oversold NYSE market conditions and fearful options traders makes for an extreme reading in stock prices. GLD 10 Minute Chart of My Market Sentiment Readings Sentiment readings many times carry over into the precious metals sector and can be used as a gauge also for tightening stops, adding to long positions, etc.. Summary: I feel the market is at a major tipping point along with the US Dollar. It is just a matter of time before we get another low risk setup and take a position for the next move in either direction. Get my weekly reports free here: http://www.thegoldandoilguy.com/trade-money-emotions.php 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. 2011. All rights reserved. Pricing index programming and site hosting by Sandrix Technologies Ltd. (AXD)