• Silver and Gold Prices Rose with the Gold Price Closing at $1,350.20

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    Gold Price Close Today : 1350.20
    Change : 16.30 or 1.22%

    Silver Price Close Today : 22.786
    Change : 0.204 or 0.90%

    Gold Silver Ratio Today : 59.256
    Change : 0.187 or 0.32%

    Silver Gold Ratio Today : 0.01688
    Change : -0.000053 or -0.31%

    Platinum Price Close Today : 1448.90
    Change : -18.10 or -1.23%

    Palladium Price Close Today : 745.80
    Change : -2.05 or -0.27%

    S&P 500 : 1,752.07
    Change : 5.69 or 0.33%

    Dow In GOLD$ : $237.45
    Change : $ (1.42) or -0.59%

    Dow in GOLD oz : 11.487
    Change : -0.068 or -0.59%

    Dow in SILVER oz : 680.65
    Change : -1.90 or -0.28%

    Dow Industrial : 15,509.21
    Change : 95.88 or 0.62%

    US Dollar Index : 79.634
    Change : -0.051 or -0.06%

    Franklin didn’t post commentary today, if he posts later it will be available here.

    Argentum et aurum comparenda sunt — — Gold and silver must be bought.

    – Franklin Sanders, The Moneychanger
    The-MoneyChanger.com

    © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission.

    To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down. Whenever I write “Stay out of stocks” readers inevitably ask, “Do you mean precious metals mining stocks, too?” No, I don’t.

    Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.

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