Short Term Top - Silver and Gold Stop Orders Triggered

June 3, 2009 - Email Alert Sent 1:14 PM New York Time

Dear Investors:

          Gold was unable to hold above $980, and a sell off began today. My trading stop sell orders triggered and I took profits on all of my silver and gold related trading position. I am holding cash waiting for another good opportunity to buy. I expect we will enter a period of short term correction and plan to post a more detailed analysis on my website this weekend.

Best wishes on your investing and future and God Bless,

Timothy Silvers

 

Disclaimer: This article represents the opinions and personal views of Timothy Silvers and is not intended to be investment advice. If you choose to use this analysis for your personal trading, Timothy Silvers assumes no liability for the direct or indirect losses you may incur due to using this article to make your investment decisions. You are totally and completely responsible for your own investments. At any given time, Timothy Silvers or his friends and relatives may have positions in silver related investments that may or may not follow the recommendations contained in this article. The information in this article may not be completely correct and accurate. Even though Timothy Silvers has done his best to review the content and accuracy of this article, he is in no way liable or responsible for any mistakes or omissions.