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Aden Forecast "Gold and silver are poised to rise further."

ReportGold
Date04/21/2010
Loaded Date04/22/2010
TitleMarkets Still Strong
Quote"Good economic signs and better earnings are providing an ongoing boost for U.S. and global stock markets. Relatively low interest rates are also helping, in spite of the Goldman Sachs situation.

The stock market remains strong and bullish. It's holding firm at the higher levels and it still has room to rise further in the weeks and probably months ahead. . .

Palladium is once again hitting a fresh two-year high with platinum following closely. It still looks like they are leading gold and silver, in spite of last Friday's selloff. Oil and copper have backed off, yet the base metals in general remain strong—like nickel and tin.

Gold and silver are poised to rise further. They are very strong above $1,125 and $17.50, respectively. And their four-week rise will gain momentum on a close above $1,163 and $18.45. A renewed rise is getting started and it'll likely coincide with a weaker dollar. They have room to rise further. Gold shares are firm if XAU can stay above 166. Palladium and platinum are very strong above $470 and $1,610, respectively. Crude oil is volatile, but as long as it stays above $80, the 14-month rise is strong. Likewise for copper above $3.30. Keep your metals and buy new positions in gold, silver and the strongest metals shares (see page 12 of our April issue)."