Silver Price Targeting $34 and Gold Price Targeting 1445 - 1382

Gold Price Close Today : 1540.10 Change : (16.60) or -1.1% Silver Price Close
Today : 42.576 Change : (3.502) or -7.6% Gold Silver Ratio Today : 36.17 Change
: 2.389 or 7.1% Silver Gold Ratio Today : 0.02764 Change : -0.001955 or -6.6%
Platinum Price Close Today : 1846.70 Change : 23.70 or 1.3% Palladium Price
Close Today : 766.04 Change : 1.04 or 0.1% S&P 500 : 1,356.52 Change : -4.60 or
-0.3% Dow In GOLD$ : $171.91 Change : $ 1.85 or 1.1% Dow in GOLD oz : 8.316
Change : 0.090 or 1.1% Dow in SILVER oz : 300.82 Change : 22.87 or 8.2% Dow
Industrial : 12,807.51 Change : 0.15 or 0.0% US Dollar Index : 73.15 Change :
0.104 or 0.1% Moneychanger's trip was rained on and it's no fun hiking to
waterfalls in the drizzle. For SILVER today saw another waterfall. Today's close
takes the Silver Price down 725c in 2 days. Yesterday's reversal was confirmed.
The Silver Price is targeting 3400c unless it closes above 49.75. The Gold Price
has not yet broken it's 20 moving average ($1,489.78). Continued drop and lower
close today confirms yesterday's key reversal downward in the Gold Price. Target
somewhere from $1,445-$1,382. Dollar Index rose to 73.145 up 10.4 basis points.
It is completing the right shoulder of an upside down head and shoulders with
neckline at 73.30. Once it Clears that it will rise at least to 73.90.
Probabably though, from a longer view, completing this upside down head and
shoulders will mark the beginning of a much longer dollar rally. Stocks are
rolling over downside. Silly NGM manipulation jacked dow up to unchanged at
closing. Might as well be King Canute commanding the tide to go out. Stocks will
fall. 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.