Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« Fed’s Dudley says case for interest-rate hike has become ‘a lot more compelling’ | Main | Gold: Short End US Rates Matter More Than Long End Real Yields »

James Turk – “The Shorts Are Choosing To Fight” Despite The Fact That “Silver Is The Cheapest Asset On The Planet”

Today James Turk told King World News that the shorts are choosing to fight despite the fact that silver is the cheapest asset on the planet.

“The Advance May Slow”
James Turk: 
There was a flurry of short covering in silver last week, Eric, pretty much on time and as I expected. Gold, as well, saw some short covering, but for both precious metals it was a lot less than I thought would happen…

Judging from the increase in Comex open interest for both gold and silver, it looks like the shorts are choosing to fight the upward price trend and the buying pressure in the precious metals, rather than start covering. The result is that the advance from here may be somewhat slowed. But I do not expect it to be reversed.

read more....

Despite the stocks selling off silver prices are holding up well.

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.





Winners of the GoldDrivers Stock Picking Competition 2007 



 Follow us on TWITTER @goldprices



PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>