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Re: kevin252 post# 14176

Monday, 06/23/2008 9:34:15 AM

Monday, June 23, 2008 9:34:15 AM

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Kevin, this has happened on several Mondays and in some weeks the price still went up nicely by the end of the week. The precious metal prices have been very volatile.

5-16-08---Gold $901.60---Silver $16.94
5-23-08---Gold $924.20---Silver $18.18
5-30-08---Gold $886.10---Silver $16.87
6-6-08----Gold $902.20---Silver $17.50
6-13=08---Gold $870.70---Silver $16.51
6-20-08---Gold $901.30---Silver $17.32.

This volatility indicates that this week gold and silver should
be down sharply. But this type of volatility also indicates that a breakout is around the corner but I would be surprised if it takes place before the end of September.

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