Tuesday, September 20, 2011

Louise Yamada - Still Bullish Gold & Silver, Not Stocks [kingworldnews September 20, 2011]


When asked about silver specifically Yamada replied, “Silver has been trying to consolidate above the uptrend.  You have some support at $37, you also have the 200 day moving average at $36 and then, of course, you’ve got the prior lows at $33 to $34.   Whether or not silver has to pull back that far isn’t clear yet, but both gold and silver are in some kind of healthy consolidation.”

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