Loading ...Right On Schedule – Gold Is Breaking Out
While it had been resting and allowing Silver to lead for a while, Gold is accelerating to a new breakout(as outlined earlier this week) given the FED’s money injection’s starting today. It should be making new ATH’s next week, and be on it’s way towards the $5,000 level, expected by New Year’s Eve. Silver will also continue to make new ATH’s along the way. I don’t know if there will be a White Christmas, but it will be glistening with the lustre from Gold and Silver, none the less.
It’s hard to believe what’s happening. Almost too good to be true.
My thoughts exactly. Waited a loooooong time for this and still can’t get my arms around it now that it’s here. Loading up with some gold stock calls this morning.
Just in case.
Why are so many analysts and investment firms against gold and silver? The one statement they often make is that they do not pay dividends. I guess that’s true, but I figure a dividend is money you make on your investment, but when it comes to gold and silver, it’s not real money? LOL! Edward Jones still does not recommend gold, silver and their respective miners, calling them bad investments, because they are volatile as well as not producing true dividend returns on investments. I agree they are volatile, but 100% return in a year beats any 3-4.5% return minus fees they typically get for their clients in a year.
Chartsmaster…you have been incredibly accurate for many months now
I expect you have quite an attentive following out there in Lurker Land
🙂
Have no idea, but thanks.