Short-Term Silver Trade: Nymex Trader NEW YORK (TheStreet) -- Mihir Dange of Arbitrage reveals how he's trading silver in the short-term and breaks down his 2011 price target.
Despite recent selloff that silver's still up 8% -- the beginning of 2010. While gold is up 20%. Does this mean there's a deeper correction to come in Gilbert joining me for the trade at an iMac (AAPL) isn't here -- So not only you were expecting -- did we get -- it.
We did we got substantial correction down to about 2630. And were up almost three dollars from there which is a tremendous --
I think we'll -- or another correction I think right now I would get a little short. I'm not looking for any.
Wild bullish or bearish movement but if anything it could make and -- can make make another attempt. Back down 2630. But I don't think you're gonna see much more correction that.
Tracking Gold Silver and Precious Metals Markets worldwide
Tuesday, February 8, 2011
Gold Will Continue to Shine
Feb. 7 2011 | Gold prices could rise to around $1,600 by the end of the year, predicts Andre Julian, CFO & senior market strategist at OpVest Wealth Management. He tells CNBC's Martin Soong, Saijal Patel and Karen Tso what is driving gold prices higher.
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