Gold Silver and Copper

A quickie for today.

Looking at the prices for Gold, Silver and Copper during the last 6 months, we see that only copper is in a rising mood. As posted last week, copper as an “energy-metal” is positioning to higher levels due to an increasing demand for various kinds of industrial and infrastructural usage.

The precious metals (Gold and Silver) are still in their comfortable pattern moving sideways. Specially Silver. Gold looks to be in some kind of temporary down term.

As stated in earlier posts, I expect that this will be the case for the rest of this year if no geopolitical events of a certain proportion will take place. The precious metals remain interesting for the longer term because their time will come eventually. So accumulating these metals at the present rate is an interesting investment.

Enjoy!