Honest Money Gold and Silver Report: Market Wrap
Week Ending 8/1/08
The following charts are from this week's complete market wrap, which can be viewed in full by clicking on the link to the Honest Money Gold & Silver Report website listed at the bottom of the page.
The Hui has been here before: been there, seen that, done that.
The trend is your friend. If you are feeling down about the recent action in the gold stocks, take a look at the big picture with this chart.
GDX is testing support. Some minor positive divergences are beginning to appear. Signals are still mixed, however. For a complete analysis visit the full market wrap on our website.
The latest full-length version of this week's market wrap is available only on my web site. Stop by and check it out. Most major markets are included with the emphasis on the precious metals market. There is a lot of information on gold and silver, not only from an investment point of view, but also from its position as being the mandated monetary system of our Constitution - Silver and Gold Coin as in Honest Weights and Measures.
On the main homepage are papers and articles by some of the best out there. There are audio and videos on banking, the Constitution, and cutting edge news. Many articles are archived and others are linked.
Live time quotes on gold and silver and precious metal stocks are available, including charts for most world currencies and futures.
Links to the World Bank, Central Banks, the International Monetary Fund, the United Nations, the Bank for International Settlements, and many other similar and different sources are available.
There is also a live bulletin board where you can discuss the markets with people from around the world and many other resources.
Good luck. Good trading. Good health, and that's a wrap.
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