Gold Bugs Optimistic About Future Increases In Gold Prices, Silver Dollars Values To Follow Gold!

Nov. 11, 2011 - PRLog -- Comex gold prices worked out nicely, and worked out high Monday - spiking as much as a six-week on Monday mid-day. Gold pressed its way near to the $1,800 range. This really is welcome information for gold bulls.

However the best information is reserved for those individual traders intrigued - and bullish - on gold-stocks. A welcome retreat certainly following battling a difficult week around the marketplaces last week once the S&P 500 fell by 2.48%. Gold-shares are climbing because the mining sector gains are “outpacing increases in the larger equity marketplaces,” and holding better on downside dips. Now, most traders see these industries as being underrated based around the amounts many miners are raising returns. CLICK HERE http://silver-dollar-values.com for profitable investing ideas.

“The result would be a move into the large gap region created in September when silver and gold were both taken lower quite hard. Last week, the [HUI] index mounted its first push in to the gap. Now, it found willing purchasers who came in and required it further. The index presently has the possibility to mount a push towards 600. Whether it can perform that effectively, it will have the ability to near the space completely. That might be a significant victory for that bulls.”

Norcini is a leading proponent of the view that gold shares have been the victims of the massive play by an unknown hedge fund that has gone long gold and shorted gold shares. He along with other gold bugs suspect this paid for that stocks’ dismal performance relative to the metal the 2009 year. Since then, gold shares as measured through the HUI rose 29% through early September, essentially matching the move by gold itself and very dramatically outperforming the S&P 500. CLICK HERE http://silver-dollar-values.net for profitable investing ideas.

Following gold's performance October 20 through last Friday, gold shares are outperforming gold. In that point, the CME contract has leaped by 8.9% and also the HUI rose up 16.1%. Furthermore, the S&P expires 3.1%. Meanwhile, these details don't make sure that gold-gold prices will progress as nicely.

On Monday, the Gartman Letter elevated the gold exposure in its model portfolio by 50%. By Friday, this broadly adopted institutionally listened to source would be a stunning 91% invested in various gold plays, mostly hedged in to the euro and sterling.

For that time being, things look especially positive for traders bullish on gold shares. We feel time to purchase gold is today while the prices continue to be relatively low. CLICK HERE http://www.silver-dollar-values.com for profitable investing ideas.

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