Gold ETF Holdings Plummet

On March 13, 2013   /   General Market, Gold, Silver  

Gold ETF Holdings Plummet Gold ETF holdings have been steadily declining so far this year. Investors sold a net 106.2 metric tons (approx. 3,414,330 ozt) of ETF gold products valued at $5.4 billion in February.  In March, investors sold a net 26.1 metric tons (approx. 839,115 ozt).  

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Silver Squeeze

On March 7, 2013   /   General Market, Silver  

Silver Squeeze The silver price is being “squeezed” between a two year long support level and two year declining resistance level.  A major breakout one way or the other is coming.  Fundamentals support a break to the upside.  Buy anywhere below $30.   NOTE: Consider swapping a portion

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