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16th August 2007, 19:23
Subject:Silver and Gold Update
By: Roland Watson, The Silver Analyst
Overview: Silver itself has fared somewhat worse than stock markets with a 16% drop. In other words, you didn’t do much worse holding silver bullion. The surprise however is gold which has performed admirably in losing only 4.4% during this Dow downdraft. It seems that although investors do not regard these events as our financial hurricane, enough are seeing a hurricane to shore up gold prices with their precautionary buying and holding.
Link: http://news.silverseek.com/SilverSeek/1187310194.php
By: Roland Watson, The Silver Analyst
Overview: Silver itself has fared somewhat worse than stock markets with a 16% drop. In other words, you didn’t do much worse holding silver bullion. The surprise however is gold which has performed admirably in losing only 4.4% during this Dow downdraft. It seems that although investors do not regard these events as our financial hurricane, enough are seeing a hurricane to shore up gold prices with their precautionary buying and holding.
Link: http://news.silverseek.com/SilverSeek/1187310194.php