The USD has recently fell onsome hard times as the inflation pressures near.  The Euro/USD trades at a $1.4800 level and has risen to its highest point for the 2009 year.  This is leading investors to rush in to Gold, Silver, and Platinum as an alternative investment to the greenback.  Gold has now breached $1,025 and looks to be a great buy onany pullback in the high $900’s.  PLatinum has broken the triple top of $1,300 and is heading higher.   Silver wants to try and break the $18 barrier.  Even as ht market rallies these metals head higher, something we have not seen in times passed.  This rally needs to be looked at seriously.

This entry was posted on Wednesday, September 23rd, 2009 at 3:52 pm and is filed under Metals. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.