Tuesday, January 15, 2008

Gold at All time Highs What about Silver???


Since my last article on Gold dated 03/01/2007, Gold had Rallied more than 5% and is making new highs every day. Although there may be a intermediate corrections but I am very bullish on long term and I expect gold to reach at 1400$ level that will be equivalent to RS 15000 - Rs 16000.

Silver which has been a laggard till now had also caught up very well with the trend and had gained by 5% in last weeks. Silver is also looking very Bullish on charts and I will advise Investors to remain long. I expect silver to touch 23000 RS in coming weeks. Any dips can be used to accumulate these commodities whith long term view in mind.

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