Thursday 7 June 2012

FTSE and DJIA Rally

Both the FTSE and Dow Jones rallied today, posting significant gains. Movements are in expectation that further monetary easing will be taking place. For speculators out there, this should be good news if you still have market positions.

In the meantime, Soros increased his gold holdings further. Further quantitative easing with definitely push Gold and Silver prices up higher as investors rush in.

Considering Gold and Silver's safe haven status, further upside is definitely expected, just like I shared before.

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