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The Charts Say … Watch Out for Gold & Silver
Karibu (Welcome) G&G Readers,
Get ready for a golden summer.
Precious metals have been selling off lately. Gold is down 10% from its peak last August, including a violent $100 drop last Tuesday. Silver is down almost 30% since its peak last April. It dropped 6% in just one day last week.
But if gold and silver sell off hard today – perhaps in response to the Federal Open Market Committee announcement this afternoon – get ready to buy. A big drop today will set up a bullish chart pattern, which could lead to sharply higher prices by the summer.
Let me explain…
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Meda Ase p (Thank You Very Much),
Asar Maa Ra Gray
Tax & Financial Consultant, RFC
G&G Associates
757-251-3757 office
866-361-3872 toll free fax
www.gngassociates.net
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LEGAL NOTICE: This work is based on what I've learned as a financial researcher and analyst based SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice.
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