muses of the moment

August 22, 2012

Metals and oil

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 8:13 am

Looks like we are finally getting that metal breakout from the long consolidation period. The next question is when will we reach $1900 again and what kind of battle will we see at that level?

And oil is creeping up again, which always impacts the economy. We may have a “reserve release” before the election, but that will fade shortly after. The spring release lasted about 3 months….

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