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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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