Gold / Silver on a new High

Gold hit a new high of 1454$ an ounce. Silver hits a new 31 year high

    Don't worry about any correction. Keep buying physical Silver.

• Remember one more thing, any day gold may shoot by around 50 $ and silver by around 5% with the global turmoil and investors rushing in to buy.
• Silver will not have any correction soon, although its technical chart is going straight up and open interest is also up. History tell that Silver and Gold correct only when both have a20% run up from previous peak and both together have a high open interest. With Gold just touching its high now after 2 years it still has to run up 20% from previous peak before its drop from 1300$. So until gold breaches 1560$ very soon, it will not be in overbought state, and till then silver and gold can not correct. (i.e. Remember both have to be in an overbought state together to trigger a fall)

                                           The Golden advice  - Buy Physical Silver :)