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Topic : SILVER-MAKE HAY WHEN THE SUN SHINES.
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SILVER-MAKE HAY WHEN THE SUN SHINES. by INDRANEEL SEN GUPTS, Security/ Equity Research Analyst, INDRA ANALYST

SILVER-MAKE HAY WHEN THE SUN SHINES.

By : INDRANEEL SEN GUPTS, Security/ Equity Research Analyst, INDRA ANALYST
Industry : Equity Research/Analytics Functional Area : India
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silver-make hay when the sun shines.

Activity:  6 comments  276 views  last activity : 07 06 2010 20:18:04 +0000
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Gold is now coming to an end for coming into the grasp of retail Indians during marriage or festive season. As we all know that gold is floating at 17000 levels is very hard bet for buying at these levels. In the coming days we will find gold rising more high and one might find gold around 22000 in the next 5 years even being conservative.

http://ianalysis.blogspot.com/2009/11/silver-make-hay-when-sun-shines.html

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6 comments on "SILVER-MAKE HAY WHEN THE SUN SHINES."
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  Commented by  R.K.MALHOTRA, Investment Advisor, WORKING FREELANCE    | 01 12 2010 07:35:22 +0000 
GOLD CAN NEVER BE SAID THAT IT IS COMMING TO AN END.GOLD IS ALTERNATE CURRENCY.,BEST FOR INVESTMENTS.INDRANEEL IS WRONG HERE.
  Commented by  R.K.MALHOTRA, Investment Advisor, WORKING FREELANCE    | 01 12 2010 07:26:06 +0000 
Indraneel is right, Gold will touch $1500 in 2010 for sure.Presently Silver has breaked its boundries.As I see now,Bullish over $1823.50 with $1894.50 and $1940 as price target.
Bearish below $1797 with $1758 and $1717 as price target.
Neutral Zone between $1797-$1823
Silver targets $1980 in short term as long as it trades over $1797.
MCX SILVER MARCH
MCX Silver march targets Rs.31429 in short term as long as it trades over 27417. 
Gold will definately follow.
  Commented by  R.K.MALHOTRA, Investment Advisor, WORKING FREELANCE    | 01 12 2010 07:16:00 +0000 
Indraneel is right, Gold will touch $1500 in 2010 for sure.Presently Silver has breaked its boundries.As I see now,Bullish over $1823.50 with $1894.50 and $1940 as price target.
Bearish below $1797 with $1758 and $1717 as price target.
Neutral Zone between $1797-$1823
Silver targets $1980 in short term as long as it trades over $1797.
MCX SILVER MARCH
MCX Silver march targets Rs.31429 in short term as long as it trades over 27417. 
Gold will definately follow.
  Commented by  INDRANEEL SEN GUPTS, Security/ Equity Research Analyst, INDRA ANALYST    | 11 18 2009 16:45:40 +0000 
I HAVE SAID FOR THE REATIL PURCHASE AND NOT FOR INVESTMENT PURPOSE.EBEN IF GOLD BECOME 22000 IT WILL BE HARD TO BUY AT THOSE LEVELS.
  Commented by  suchita Ambardekar, Portfolio Manager, Tristate Medical Equipment India Pvt Ltd    | 11 17 2009 09:45:22 +0000 
It has been nationalised...gold and silver purchase.....through banks.....ajay...
Also good analsyis indraneil...

But I failed to understand...that if gold is slated to go up.....why buy silver!!!!!!!!!  why not gold....
would like your rationale behind....your last advise on your blog post....
  Commented by  Ajay Ziz, Deputy Registrar, University of Jammu    | 11 17 2009 07:16:11 +0000 
government should nationalise gold sale/purchase..

silver is fancied by gurjars and not by ladies of eclectic tastes..
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