Pondering Precious Metals

Slight Monday-morning dip. Buy. Buy more. Rally again on Tuesday. Rinse and repeat.

Week after week, the same story plays out. At some point it will end. Of course it has to. But "when" is the question. I spent the weekend talking with Bob Byrne about precious metals and the relationship to the equity markets. I absolutely love the fact that Silver futures were absolutely hammered off the open last night and have completely reversed course. It's not to say the bottom is in for silver and gold, but that is the type of the move I look for when looking for a temporary bottom and playable bounce. The precious metals and the associated miners have been our main focus for quick scalps this morning, but it is an area where I want to start looking towards longer-term positions....203 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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