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The Energy Review This Week: May 2nd, 2011

Discussion in 'Stock Market News & Analysis' started by gajoinvest18, May 3, 2011.

  1. gajoinvest18

    gajoinvest18 New Member

    Jul 8, 2010
    Likes Received:
    That Osama Bin Laden was dead may make things changes. Now, just together with Pitguru Daniel Cronin to review the metal market and plan your business around day trading floor.

    The Metals Review
    For the week of May 2nd, 2011​

    Precious metals are coming off significantly over the weekend thanks to US forces capture and kill of Osama Bin Laden. This news came out late last night and is huge. Silver dropped $5 in a matter of minutes and Gold dropped $30 to $1540. Silver now trading $44 and had a low of $42 last night. Some incredible moves as this great news is upon us that Bin Laden is dead. I believe the market will now see lower prices for these metals as the war on terror has the potential to slowly come to an end. I will look for Gold to again test $1540 this week with Silver moving to test $40.

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