SPDR GOLD TRUST ETF (GLD) 112.94 $0.64 (0.57%) 07:56AM (15 mins delay)

Gold, Silver and Energy Go Wild

Nov 05, 2009 - 5:27 AM EST

Chris Vermeulen submits:

Precious Metals ETF have gone wild the past 2 weeks. Last week we saw gold and silver prices drop sharply as it shook out short term trader’s stop orders before breaking out and moving higher. Also there is a disconnect between the gold and the dollar.

Energy commodities like natural gas and crude oil are moving in opposite directions and look to be picking up speed. Natural gas is losing pressure and oil is on fire.

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Source: Seeking Alpha (Nov 05, 2009 - 5:27 AM EST)