Skip to content
October 6, 2011 / Jeb

Not The Time To Panic Out Of Gold and Silver Miners

Over the past few weeks I have alerted  subscribers that gold was due a healthy pullback.  On September 5th, 2011 I wrote,

“It’s been a long run for the bullion since my firm’s late January 2011 buy signal. Make no mistake, it will rise though, refreshed to make another run to higher highs. A brief retreat for gold bullion to long-term trend support would be of no surprise. Indeed, it may represent a healthy and necessary correction in what my firm views as the ongoing highway of the long secular rise. These thoughts should not be regarded as bearish analysis at all. Instead they are being presented as a technical and healthy possibility to eliminate current media-hyped precious metals euphoria and avoid buying gold bullion at an interim top.”

Read the full article by clicking here..

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: