by Bill Downey     Price Analysis of Gold and Silver
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Technical Analysis Trading Gold, Trading Silver/ analysis By Bill Downey providing key turning points & charts for investors and speculators in Precious Metals Trading, and Precious Metals Markets

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Bill Downey, of Gold Trends.net, LLC, is an Independent Investment Analyst with over twenty years of study. YOU SHOULD NOT TAKE ANY MATERIAL posted on this WEBSITE AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. Do your own due diligence. No one knows tomorrow's price or circumstance. The author intends to portray his thoughts and ideas on the subject which may s be used as a tool for the reader. GoldTrends does not accept responsibility for being incorrect in its speculations on market trend or key turning points that it may discuss since they are at best a calculated analysis based on historical price observations.

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How big an effect will Cyprus be to gold prices

  • 25 Mar 2013 7:40 AM
    Message # 1251077
    Deleted user
    Cyprus clinched a last-ditch deal with international lenders today for a €10 billion bailout that will shut down its second largest bank and inflict heavy losses on uninsured depositors.

    The ECB can massage the spin any way they like, but this has sent out a warning to many and true trust is now gone.  Like with a bad marriage you can forgive and forget but never fully trust again.  It is with this sentiment that I for one feel many will look to other areas to invest back in.  Gold having been out of fashion with investors  medium term can only benefit.

    The big boys may try to hold it down but like a ballon being help under water its can only go one way.

    Anyone else see it this way

Technical Analysis :: Gold & Silver

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