Precious Metals Ready For a Move?
- Posted by TheArmoTrader
- on February 16th, 2012
Gold and Silver have done a bunch of nothing for the past 2-3 weeks. In fact, fellow Stocktwits blogger Robert Sinn points out the Gold Volatility Index ($GVZ) is at a multi-month low. Something is brewing here; either to the upside or downside. I can make easily make a point for both sides, but to keep it simple I will just say that a move is coming so prepare yourself if you have a position on.
Tags: $GLD $SLV $DGP $GC_F $SI_F $AGQ
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jerry Khachoyan is currently an undergraduate student at UCLA pursuing a degree in Political Science. He started trading in September of 2008. He concentrates on using technical analysis and reading the tape to enter the best risk/reward trades. The stock market to him is one of the greatest inventions by man.
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