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Short market update for the ‘nervous Nellie’s’ out there ..

Gold and silver are in the process of looking for a bottom. Gold is down around 30%, silver 50%.

Textbook correction stuff.

Downside risk another 10-20% max imho, upside 100-200%. I started buying silver again myself. Acted, after waiting for a move under $60. At $55 I will add more. At $50 I will load the boat.

Gold producers are getting dirt cheap. This is a BUYING opportunity, not a selling opportunity ..

hope this helps some of you

Jul 10
at
2:50 PM
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