Saturday, June 28, 2014

Should you buy SPY or SLV ?

Comparing the SPY (SP 500) to SLV (Silver ETF)
It now favors buying SLV
The recent jump in Silver prices is a good sign, but I do not expect an immediate move higher (unless we get some key news event). Gut feelings say Silver will pull back a little, then move into a tight pattern, and break out (bullish) within 10 days

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