Technical Alert: Silver Makes Golden Cross

For all of you technical junkies out there, it may be time to take a closer look at silver and its respective investment vehicles. In the past few days, silver completed the “golden cross” as its 50 day moving average jumped past its 200 day average. This comes as good news especially given that the commodity suffered a death cross back in November of 2011. A moving average crossover is a lagging technical indicator because it generates a delayed signal that a trend reversal has occurred, making this a potentially significant event [for more silver news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Jim Rogers: Silver Is a Better Investment Than Gold Precious Metals Roundup: Gold Leads, Silver Lags How Warren Buffett Could End The Deficit in 5 Minutes Peter Schiff: The Recession is Already Here 100 Insightful Futures Traders Worth Following on Twitter