Monday, May 28, 2012

New Silver Porn & Gold Porn Charts Show Higher Prices Coming

Check out these current Point and Figure Silver Porn And Gold Porn charts. First we have the SLV paper silver ETF (fraudulent investment vehicle, do not invest money in this)

This shows a price objective of $57 compared to todays price of $27.62.
Next we have the P&F chart for Silver itself. This shows a price objective of $58.00 per ounce compared to the current price of $28.41
Now moving on to the P&F Chart for GLD (paper ETF Fraudulent Gold Paper Fund, Do not invest in this) This shows a price objective of $224 compared to teh current price of $152.68.
Lastly, let's look at the chart for Gold itself. This shows that it has reached its downside objective of $1550 and has now moved back up to $1573.
As always, happy days to all hard money advocates and honest money champions.