Thursday, December 20, 2012

20121220 Silver

Dow 13,284.30 +32.33
SP500 1,441.52 +5.71
Nasdaq 3,050.24 +5.88
10-Year Bond 1.80 -0.00
Gold 1,647.70 -20.00
Oil 90.09 +0.11 Note oil is up while metals are down.

While metals could have more downside, seasonally this is the time to buy and the price is right.  Today going into silver for the volatility.  Looking to buy into gold tomorrow, for a medium term hold.

USLV 24.97 -3.49 -12.26%.  Bought at 24.97.

No comments: