Gold Investments Market Update - Silver Up 17% in Month but Remains Very Oversold

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Subject:Gold Investments Market Update - Silver Up 17% in Month but Remains Very Oversold
By: Gold Investments

Overview: Gold has fallen again today and is down some 1% but continues to consolidate between $830/oz and $890/oz. Gold should remain well bid given the degree of international macroeconomic and geopolitical risk challenging us as we enter the New Year. The Middle East tensions continue to escalate and oil is up another 2.5% again today to some $50 per barrel again. Silver has outperformed even gold in the last 30 days and is trading very well – up nearly 17% versus gold’s rise of 12%.

Link: http://news.silverseek.com/SilverSeek/1231252974.php