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View Full Version : Silver up today. All looks good.



Irishfan1
16th December 2009, 09:59
1. Yesterdays inflation report was up for last month big time.
2. Silver bounced off $17 nicely, bottom definitely was in, with bull market pattern intact.
3. Fed will announce no interest rate increases today.
4. CFTC position limits will be announced any day now.

All together I see this as a huge buy signal! Full speed ahead on the silver price train!

DaleFromCalgary
16th December 2009, 10:17
Calgary over-the-counter prices were up slightly on Monday (Dec 14) at gold = C$1,257 and silver at C$21.33. The ratio is 58.9, not much change.

Still can't get any palladium here. It is taxable in Canada because it is not considered money like gold and silver. Alberta is the cheapest place to buy it because we have no provincial sales tax. I checked on-line sources but they are far more expensive because they have to levy sales taxes or, if American imports, are subject to tariffs.