Gold And Silver: US$ Index at Critical Support Level

Friday, December 31, 2010

US$ Index at Critical Support Level

US Dollar Index is now at a critical support level. A clear break below has the potential for triggering a cascade of selling in the US Dollar, which would amplify the rally in Gold and Silver

Ways to Invest in Gold and Silver

A. Via Futures Contract

1. GC - Large Gold Futures

2. YG - Mini Gold Futures

3. MGC - Micro Gold Futures

4. SI - Large Silver Futures

5. YI - Mini Silver Futures

B. Via ETFs

1. ZKB - Swiss Gold ETF *****

2. CEF - Canada Gold ETF*****

3. GLD - COMEX Gold ETF

4. ZSIL - Swiss Silver ETF*****

5. SLV - COMEX Silver ETF

6. PHSY - Sprott Silver ETF*****

7. GDX - Gold Miners ETF

C. Via Mining Stocks

1. AUY - Yamana Gold (NYSE)

1B. YRI.TO - Yamana Gold (Toronto)

2. NEM - Newmont Mining

3. ABX - Barrick Gold

4. GG - Gold Corp

5. AEM - Agnico Eagle

6. AU - AngloGold Ashanti

7. KGC - Kinross Gold

8. IAG - IAMgold

9. GFI - Gold Fields

10. UXG - US Gold

11. NG - NoveGold Resources

D. Via Physical Metal

1. Gold Coins

2. Silver Coins

3. Gold Bars

4. Silver Bars