Sunday, April 09, 2006

::: The Undervalued Asset :::

Gold & Silver are still undervalued need a catalyst to fire the metals to the moon .......
as the ETF has been more easier working as a catalyst for silver ..........This week i hope some ups & downs can be there till 13th april ...

One who wanna to buy in huge for long term can buy on 13th april ,which motivates to be clear for investments on both silver & gold ...... we can see our targets of Gold & silver in steady basis not instantly ......................So, I actually expect that silver could reach a ratio of 5:1 to gold, due to the shortage of silver, and increasingly high investment demand for both metals in general.

Do not wait until after silver starts compounding at 50% per year for 5 years in a row to start investing in silver! No, rather, you should start investing as early as possible, and you should not really care whether silver is $12/oz., or $13/oz. or even $25/oz. Anything under $100/oz. is probably a bargain for silver.

25 year high of gold can make22 year silver high to reach silver the same within year end or so .....I c the next target might be the june 1983 contract high of 14.43$ soon ...........

Trend for silver & Gold for this week

Gold will be in bullish tint but best buy in dips It can range above 569 i.e buyers may appear at 579-582.50 Silver has given a gap at around 11.40 which can be possible within 13th otherwise buy the current level to join for more rally already silver & gold is near to overbought levels of RSI at 70% ...Silver has to score our target of 13.20 initially ......

Gold will do betteer which i was wrong in predictions of range ......Planetary movements made fall havent came in gold & silver seems to be more postive energy for gold & silver on April 6th



Thanks & God bless
::: Sunil S Jain :::


Disclaimer: There is risk of loss in all commoditiestrading. I do not guarantee profits or pre-determined loss points, and are not held monetarily responsiblefor the trading losses of others::

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