As always, we have to let the market come to us. Let’s not force anything!
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Precious metals are screaming higher. Silver is going bananas this morning — it was up almost 8%! Gold is holding strong above $1,850. Financial media are blaming U.S.-China tensions and the closing of the Houston consulate. I’m not so sure about that. Anyone who has been watching precious metals and miners has been bullish for quite some time…
Yesterday’s action in the NASDAQ triggered a broad market breakout today. Pushing the whole market higher as well as our position on gold. Take action today if you haven’t already!
We’re smack in the middle of the typical summer trading hijinks. The key is to pull back a bit and not get sucked into every intraday move higher or lower.
