| From Mineweb.co.za: The old clichéd expression Onwards and Upwards certainly seems to describe the path of the gold price at the moment, and perhaps even more so for gold's little sister, silver, both of which have been making minimally interrupted progress over the past weeks, months and even years.
The big question is how much further this can continue before a major correction occurs - and there will inevitably be a major correction at some time, but whether this will be in days, weeks or years is far from predictable. While the big money out there maintains a distrust in the forward growth of the major Western economies, perhaps belied by recent stock market rises, money may well continue to pile into precious metals..............................................Full Article: Source |