Thursday, December 25, 2008

XAU is UP 100%

Since the October bottom the xau index is up 100% . Yes the market had been super volatile in recent months and the xau was down sharply to erase almost all of the first major bull wave gains. But still, it is amazing how quickly the gold and silver index recovered.

In my opinion this is a great bullish sign for precious metals and other commodities. While there is so much talk about deflationary spiral this tiny sector leads the way of recovery and show the market the great upside potential.


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5 Comments:

Blogger alex said...

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Bad with my money, great with other peoples!
Negotiator
(I am based in London, England so excuse the weird times you get this email!)
Giant Investments
E: alex.preece@giant.org.uk
T: 01273 224002

Friday, March 13, 2009 11:23:00 AM  
Blogger Tasya Zigy said...

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Friday, November 13, 2009 11:52:00 PM  
Anonymous Penny Stock Research said...

I believe that gold is over priced here.

Thursday, November 17, 2011 1:08:00 AM  
Anonymous Penny Stock Newsletter said...

Really great Blog

Wednesday, February 29, 2012 7:24:00 PM  
Blogger ahnn said...

Gold and silver will have a long way to go. It can still be considered as a good investment.

gold parties

Friday, April 06, 2012 8:28:00 PM  

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