14 October 2011

Silver bullion price trend

I am beginning to wonder whether the price of silver bullion has found a new support at about USD 31.50/oz. A one-hour chart, though, does not seem ideal to look for a support line.

12 October 2011

10 October 2011

AGQ double silver ETF: bought today

Although I hope that the silver price will drop some more I bought a small quantity of the double silver ETF Pro Shares Ultra Silver (AGQ) today at USD 119.9776. I plan to buy some more when the bullion price falls to USD 27 per ounce.