Gold is showing a potential inverse H&S pattern.
Silver is in a well-defined uptrend.
As are the miners.
But all bets are off for the miners and silver most likely if US equities head south.
Jim Rickards on CNBC discusses the May 11th IMF meeting in Switzerland
to discuss the dollar alternatives, the SDR and gold.
And it is worth watching the reactions of the CNBC anchors to what their guests
have to say, and the elegantly polite way that Rickards deals with Joe Kernen.
It's kind of sad that after all these years Joe Kernen is Becky Quick's assistant.
Doesn't he have seniority or something? Can't Immelt throw him a bone?
05 May 2010
Jim Rickards: Gold, Silver, and a May 11 Meeting to Discuss Global Currency Issues
Category:
bretton woods,
global reserve currency,
Gold charts,
IMF,
miners,
SDR,
Silver charts