Gold & Silver Bulls Shaky On Technical Grounds, Silver Prices Immune From Taking A Dive

Jan. 29, 2013 - PRLog -- Economic reviews today suggest things are looking up a bit. Payrolls might be expanding more compared to they're contracting. Regrettably, separate reports also suggest that Britain's economic woes will have an adverse effect on the U.S. How High Will Silver Go? Learn More >> http://www.silver-dollar-values.xtz.cc

The mix of good and bad information has the stock market and the gold and silver marketplace relatively “steady,” without great motion in either direction.

Gold is buying and selling pretty steadily, but gold as well as silver bulls are a little “shaky” on technical grounds. In spite of the fact that gold and silver exchanged down slightly today, very little has changed in the big picture. So have no fear.

Silver is practically immune from an accurate nosedive in value. The opportunity of returns continues to be high while the risk is still reduced. Rare Coins, Silver Coins, Gold Coins >> http://www.silver-dollar-values.xtz.cc/SELLING-GOLD/

Banks are still in a unstable state - especially with Bitcoins providing them with a real run for their money - and investors continue to be hesitant to trust when it comes to banking institutions, regulators, and their cash assets. Therefore, gold and silver have secured their placement as one of the most coveted investment choices of the decade.

With regard to the month of January, we've seen a significant spike of Silver ETF assets as investors add on to their own holdings, both physical silver and silver Exchange traded funds, more confident than ever that silver is actually on a strong path upwards.

Since mid-January, there was an increase associated with over 20 million ounces in investor silver holdings. However, there's been a sell-off in the past few days of about 2 million ounces. This sell-off has created the buy opportunity for investors who wish to add to their holdings while a small price dip remains effective. Overnight prices strike a two-week low and also on Friday closed at a technologically bearish weekly low closing price.

Meanwhile, all of the forces that are set in order to push silver over $100 are just beginning to line up. Silver investment demand is poised to help keep things up long term, albeit with some short-term bearishness. Silver will not stay down for long; buy silver and gold on these dips in prices while we still have them. How High Will Silver Go? Learn More >> http://silver-dollar-values.xtz.cc