Another day another wild swing in Gold & Silver. Notice how the rest of the world tries to bid up gold and silver but the boyz in NY smack it down, make of that what you will. As Rick Rule commented recently when gold was at $300 and Silver $4 risk was near zero and as we move thru this bull market in precious metals risk and volatility will only increase. In regards to the most recent price action one has to remember the trend is your friend and the long term tend is still higher in this market.
No comments:
Post a Comment