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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Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

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GLD VS SLV

  • 02 Mar 2012 5:46 AM
    Message # 841644
    Anonymous

    I am new to trading world..last year Gold's huge price movement caught my attention and I thought we can make some money trading gold. I have been trading along with Bill since January-12 and so far it has been good.

    I also read Bill's 'The Buy Zone' page and it is clear that - GLD stock around 150-160 , SLV around 24-28 are the buy zone for this year. I have allocated some of my savings (around $20,000) to buy these stocks whenever price get there.

    But I am not sure which can (GLD or SLV ) can offer better gains? SLV ranged from 24 to 48 last year, that means one can simply double the money in one year but that was not the case with Gold.

    Please suggest which one I should buy during lows with that kind of money.

     

  • 02 Mar 2012 2:37 PM
    Reply # 842081 on 841644
    Bill Downey (Administrator)
    Each metal will take their turns in leading the way.  When silver is leading, its usually the latter portion of a rally as occured in 2011. 

    Silver will give big returns -- but will also take away on the downtrends.

    It's probably best to allocate a bit of each. If there is ever a system failure,  Silver will be what we barter with --- and buy stuff ----and gold will be the "savings" account. 

    On an out and out panic --- gold could actually be the leader.

    One of the thing you might want to consider is the CENTRAL FUND OF CANADA ----- where it buys both physical gold and silver.  So in one fund you are getting a mix of each ---and its physical.  Make sure you read the prospectus --- since its a fund --- there may be tax consequences that i am not aware of.

    The other thing you want to consider is that SLV and GLD are not BACKED by physical gold or silver ------at least that is the thinking. 

    However --- you can buy a physical gold ETF ---  Symbol  PHYS
    And you can buy a physical Silve ETF -----------  Symbol  PSLV

    In summary -- an allocation of each is the best of both worlds. 

    The best time to buy or add is when we reach long term support lines --- and buy zone locations on the gold and silver charts.  The other time i when we are at the 34 week moving averages.  But at the bottom of the channels  is the best time. 

    So your choices are above.  If you use PHYS, and PSLV,  you can buy a bit of each when its time to do so.   I hope this helps you all

    Best regards

    Bill

Technical Analysis :: Gold & Silver

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