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Kitco.com reported that Gold, Silver, Palladium: True Bull Market :
Kitco.com reported that Gold, Silver, Palladium: True Bull Market :
All the precious metals are behaving extremely well in the face of a stronger dollar; the standout player is Palladium. Palladium has refused to buckle under the face of a stronger dollar and instead continues to put in a series of new highs. This is what a true bull market looks like.Gold has refused to put in a new 6 month low even though the dollar continues to trend higher and has put in several 11 month new highs and will soon most likely put in a series of new 52 week highs. This action suggests that once this consolidation/corrective phase is over, the odds of the entire precious metals sector exploding upwards are rather high.
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2380.14 | +12.47 | |
Silver | 28.53 | +0.32 | |
Copper | 4.44 | +0.08 | |
Oil | 82.73 | +0.04 | |
Heating Oil | 2.58 | 0.00 | |
Natural Gas | 1.75 | +0.04 |
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