Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Silver And Gold LCNS Going Up: Bullish On Precious Metals

|Includes: SPDR Gold Trust ETF (GLD), SLV

Got Gold Report has put out another report:

Interesting to know is that the LCNS for gold is moving upwards again, indicating a higher price for gold (and silver) in the future.

Chart 1: Gold LCNS (Got Gold Report)

Silver is doing even better (Chart 2).

Chart 2: Silver LCNS (Got Gold Report)

Disclosure: I am long GLD, SLV.