With the Fed Heads meeting in a few days and possibly continuing their rate decreases, gold and silver have all the gas they need for a run into the recent record books. That's how my options are betting.
Gold tags $850 or near before we swish the bubbly on '07, and Silver claws over $15. Something has spring loaded silver, witness todays 44 cent spaching before cooler shorts took over and spanked silver for a 20 cent rise. As I pen this, silver is way over $14 and looking for grip at the technical breakout level or $14.25. If it gets beyond that soon, $15 looks good for the end of the year. I wanted $18 but I am not sure of that before we greet '08. That will be a spellbinding, pocket filling good year for the sane gold and silver investors. Everyone who isn't invested therein, is insane or simply ignorantly charitable with there money.
To a stellar cast off for Gold and Silver - Ride on!!
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