Hi,

You can try UOB Silver Savings Account.  Well, at least you can trust UOB and, this mode is not exactly as paper trading.  U can msg me for further enquiries.  

PS. I am not from any banks.

Cheers

• Gold price - $1,345.50; +$21.90
• Silver price - $24.05; +$0.62
• Platinum price - $1,695.80; +$18.70
• Palladium price - $632.00; +$10.90

COMMENTARY: The Gold markets responded positively all day due to the falling Dollar caused by increasing trader sentiment that the U.S. Federal Reserve Bank will substantially inject cash into the U.S. economy next week. Silver pressed to even higher gains on the day. Gold was up 1.6% on the day with Silver up 2.6%.

The U.S. Treasury sold $29 billion in 7 year notes today, while yesterday, the Treasury sold $35 billion in 5 year notes, all of which--$64 billion--represented new debt. The Treasury reported that the two new issues of 5 year and 7 year debt were purchased 39% and 50%, respectively, by “indirect bidders” which includes foreign and international monetary authorities.

The World Gold Council announced today that Gold Prices could rise to $1,400 by the end of the year and published their “Gold Investment Digest Q3 2010” report today. 

 

Rogers sees the dangers of money printing and has been proven right many times before. His timing seems a bit out with this prediction as gold has just come off its recent all-time highs and might show some weakness in a wider financial market sell-off. But longer term this view is very solid.

 

be a successful trader

Gold recovered from a bout of profit taking yesterday as the US dollar hit a fresh two year low against the euro, with players saying the metal might dip further before mounting its assault on the 700 usd mark.
   
"Everyone's looking for a pullback ... because we've gained so much recently, but overall the trend is still up. The belief is that the dollar has a long way to go yet so that's only going to support gold," said a trader.
   
At 10.22 am, spot gold was at 689.90 usd an ounce, up from 687.40 usd in late New York trades yesterday.  The metal hit an 11 month high of 691.60 usd on Monday but retreated yesterday despite a weak US dollar, as players cashed in on the metal's near 2 pct gains in just under a week.
   
"The weaker US dollar is clearly underpinning the gold price. We continue to look for a move towards 700-715 usd in the next 1-3 months," said JP Morgan analyst Michael Jansen.
   
A weaker dollar boosts gold's appeal as an alternative asset to the US currency. Also, as gold is traded in dollars, a weak dollar makes the metal cheaper for holders of other currencies.
     
Elsewhere, platinum edged up to 1,277 usd an ounce against 1,276 usd in late New York trades yesterday, while palladium was up at 370 usd an ounce against 373 usd yesterday.
   
Both metals are still benefiting from news a Swiss bank is planning to launch exchange traded funds in the two metals, even though key platinum producer Angloplat has said it won't supply physical metal to the platinum ETF.
   
ETFs trade commodity futures and back up every ounce of stock bought on paper with actual physical stock. As a result, the launch of an ETF often squeezes the market as it eats up the amount of physical stock available.
   
Silver was up at 13.97 usd an ounce against 13.91 usd in late New York trades.

Zinc market in surplus in first two months of 2007

 

"Listen" to professional traders

 

Web Business for extra income

No one invest in GOLD, it is rising .....



 

Scan & remove SPYWARE & ADWARE

http://zunebank.blogspot.com/

 

070417

Gold prices slipped. The dollar neared all-time lows versus the euro, and dropped to a 15-year low against the British pound. The dollar's weakness has been raising concerns about U.S. assets losing their allure to investors abroad.

 

http://musicbank.blogspot.com/