Tag Archives: silver charts

People are focusing on the price of PMs, treating gold and silver as vehicles for increasing in price relative to their cost of purchase and not on the reality of what the artificially suppressed market is showing. It is the reason for buying and holding gold and silver that matters. Know this: It does not matter what you pay/paid for owning physical gold and silver. Price is temporary; physical is permanent. That being said, however, a red flag is in currently in effect regarding gold & silver. Below I explain why.

If you want to make rabbit stew, first, you have to catch the rabbit so hopefully, first, we'll see some concrete signs that a bottom is in before the regurgitation of “Gold is going to $10,000!” starts showing up in a host of new articles pandering for attention. The best way is to decide for yourself...so let us go to the most reliable source, the market, and see what the prices of gold and silver have to say about what everyone else has been saying about them. People have been known to exaggerate, even lie in their “opinions,” but the market never does either.

All fundamentals and opinions are useless in the markets because they pertain to timing, and timing plays a huge role when investing/trading....[and only] put one’s belief system into a context with regard to the market[s]....It does not matter what others say about the market; what matters is what the market says about others. The market is, and always will be, the final arbiter of all “facts” and “opinions.” [This article give an update on exactly what the charts are currently saying about gold and silver.]