first majestic silver

This Week in Gold

Technical Analyst & Editor
September 15, 2007

GLD - on buy signal as of 9/04.

SLV - on buy signal as of 8/31.

GDX - on buy signal as of 8/31.

XGD.TO - on buy signal as of 8/31.

Summary

We continue to hold our positions as all ETFs remain on buy signals.

********

Disclaimer: Words of caution: public readers of my commentaries should exercise their own judgment as to whether to buy or sell anything. Never trade based on other people's analysis. Knowing which way to place our bets is only half of the formula to success. Wishing you peace and profits......................................

Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.


It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook