Thursday, May 6, 2010

Gold Silver Ratio Heads Higher. Gold Proving to Be the Ultimate Currency

Gold headed much higher on Thursday while silver was lower for quite a while and struggled to keep up. Silver did eventually head a little higher, but once again gold asserted its strength as the ultimate currency and outperformed its little ugly stepsister silver.

While the DOW was down over 1000 points at one point, Gold could not be kept down. The physical market was too strong for the gold paper pushers and took off in the middle of the Stock Market Meltdown.