Sunday, September 26, 2010

My gold portfolio +21%




Red Back Mining, a newcomer in the Gold industry:

Why Silver still going up?

September Silver price Chart

Silver production is highly correlated to gold, copper, and zinc production (few mines extract only silver)


A positive correlation between Au and Ag price.

Half of the total demand for Silver is industrial demand, the other half is jewellery and investment demand.
 So silver price is just following gold, copper and zinc bull trend.

These penny stocks could make you rich!

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