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DeepBlue1

09/11/08 8:09 PM

#23692 RE: vip1999 #23691

I heard today the the GLD ETF has actually sold 68 TONS of physical gold recently. I don't know exactly how that relates to the SLV ETF in silver, but it would be my guess that they're also liquidating physical metal.

On the other hand, I see the technical value of the RSI.

I also wouldn't be surprised if 9/11 hasn't been the target date for the bottom of the SLV/GLD for quite a while.

I think the next 24 hrs will probably confirm if there's a bounce coming or not.