June 17, 2013

HOW TO TIME BACKING UP THE TRUCK AND BUYING GOLD AND SILVER $GLD $SLV

Chart of GLD-LT-061213 WM small

I receive a large number of emails from precious metal investors.  These days the most often asked question is how to time backing up the truck and buying gold and silver again.  Some of these investors profited handsomely from my calls to allocate 20% of assets to silver at an average price of $17.73 and exiting the position in the zone of $48 to $50.  They also remember my calls to aggressively buy gold in the $600s with an average price of $660, and sell half of the gold holdings at $1904 and the other half at $1757.

The problem most metal investors face is that both bullish and bearish opinions are a dime a dozen. … Please click here or the title below to read more.

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