Saturday, October 10, 2009

Booming Precious Metals

Al Korelin, of the Korelin report interviews David Morgan on his two hour broadcast which aired October 10th 2009;

"The more days in a row that gold trades above $1000 an Oz, the more assurance we have that, that will become support."

"Silver is confirming the gold move"

"Are we going higher? Yes, are we going to have a sell off? Maybe this month or next"

"The commercials in the Precious Metals are heavily shorted here"

"The main trend is, that the market for precious metals is going higher"

The entire interview can be heard here on the Korelin Report.