by Serge Berger | Sep 27, 2011 | Uncategorized
the $33 area should serve as some sort of near term resistance. stochstics and RSI are just now coming out of oversold levels and could indicate silver will bounce much harder.
by Serge Berger | Jun 3, 2011 | Uncategorized
Boom! Nonfarm payrolls 54k vs 169k concensus expectations. The futures shaved off a quick 15 points on the back of this and are hovering around the $1295 mark. Yesterday's trade was marked by consolidation, which was to be expected after...
by Serge Berger | May 24, 2011 | Uncategorized
We're playing this very carefully, but Silver did now construct a fairly solid bottom. As of this morning it is moving up to the $35.80 mark again, which has served as resistance on a daily closing basis for the past nine trading days. A move above...
by Serge Berger | May 20, 2011 | Uncategorized
A little perspective on the move in gold should go a long way. The inverse head and shoulder pattern that developed from November to March hit it's ultimate target almost to the dime near $153 (on the GLD). After the recent 6.5% correction the...
by Serge Berger | May 6, 2011 | Uncategorized
It's been a seriously tiring week and I for one am ready (and have been for a few hours) to put my keepe in a resting mode for a solid 36 hours at least. The S&P 500 as well asl the rest of the major equity indices had a volatile time to say the least....
