31 May 2011

 The medium term is neither oversold or overbought.

It would have been more relevant to post this near the close of yesterday because it was clear we were getting overbought in the short term.  The open today seems to be taking care of that condition.

I plan to post an updated silver versus gold versus Nasdaq versus USAGX chart tonight.

"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves."
Norm Franz