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Gold and Silver Prices extended rally

February 7, 2009

Last week Gold and Silver extended the prior weeks rally as the Silver price closed + .17 to US$12.102 and Gold price closed + US$13.20 to US$908.50. The Gold price is technically on on track to challenge the US$920-940 level. Silver faces some resistance at US$12.50. Gold’s US$920-$940 level was last July’s top.

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