Still stand by the lower prices of gold and silver for the year, especially in summer and late fall. The last thing to do is buy high on the run-up, AFTER it has broken its 50, 200, and multiyear moving average, which gold has already done. Or, as many do, screw profits. Just hold and damn the losses against current price in futures terms against past entrance price points. For many, that's the plan...acquire and hold. Fine. Then you miss profit taking. Pay off some bills, etc.
|Currencies die, true inflation above 8%, gold serves and protects|