Archive for 03/03/2011

Strong behavior

So far, there is very little weakness in silver or gold, and a fairly relentless move up. Recently there has been strong correlation with oil, which is responding to the unrest in the Middle East.

So far gold hit $1440 and silver $35. Maybe we’ll get a pullback here but of late the pullbacks have been mild. March, though traditionally weak, is looking strong so far.

|