Wednesday, September 21, 2011

Bullion Vaults Out Of Space

September, 21, 2011 ( 01:30pm) :-  Huge demand of Gold after the successful really from 2001 to 2011. this decade Gold & Silver provides huge profitable dally.
Due to the European crisis not looking to end for next 1 - 3 year. European investors invested the money in Gold & silver by which storage place is more required.
 Money banks starting expensing on of their values & also planning to set up new unit of vault which is help the investors to more metals with out risk.
Every vault is Manufactured with metric tonne steel gates for the storage & safety purposes.

Big Investors Buying Support Bullion Prices

September, 17, 2011 (03 : 20pm) :-  Investors from the developed countries bought gold & Silver at lower prices. After correction  from $ 1916 to $ 1760, its around 10 - 12 % correction, They bought around 1000 kg & 13000 kg in Friday.
There was reports from USA, jobless claims again roses from week to week due to employment cutting by the banking & other financial institutions.
Gold trend looking completely bullish side above $ 1782 & RS. 27,400 levels.
Silver trend looking completely bullish side above $ 39.80 & Rs. 63,600.

Jobless Claims Roses In USA

September, 16, 2011 ( 11 : 00am ) :-  After the Obama better policies after job creation environment, some financial & banking companies still cutting cost by dismiss the employer who are not generated in comes for their work done. 

After this application of un employment benefits roses by 11,000 thousand, last week it stands at 417 k.

Gold & Silver more down due to the technical break down. If Gold close below $ 1800, then more down confirmed Silver also looking technical down if closes below $ 40 Levels.