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Gold, Silver, Palladium: True Bull Market
April 30, 2010 @ 10:14 am In Other Editorial
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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