High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire"
NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
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Message: COMMODITIES - (Fridays Close)

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Re: COMMODITIES - (Fridays Close)

posted on Mar 28, 09 05:36AM

Well you can blame the nice decline on JP Morgan comments that March was a little bit tough for them. I think next week, other financials might come clean about their first quarter numbers. Remember this nice rally started when Citigroup talked about having good numbers for the first two months of the year. We'll see soon if gold and silver are the true save havens as been talks about a global currency. This should have all people worried.

It's also been fascinating that even though people are buying gold/silver coins at record levels (usually at a good premium to spot), that the spot price hasn't moved along with it.







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