BRIEF UPDATE ON PRECIOUS METALS (1:30 AM)
Just a quick update on silver and gold. I am still holding my long position in silver and staying on the sidelines of gold. Both metals still appear to be starting new cycles, but they may be taking sub-cycle corrections now. We won't worry about silver's correction unless it starts closing below $30. I will comment more on this and the other markets this week-end.
Just a quick update on silver and gold. I am still holding my long position in silver and staying on the sidelines of gold. Both metals still appear to be starting new cycles, but they may be taking sub-cycle corrections now. We won't worry about silver's correction unless it starts closing below $30. I will comment more on this and the other markets this week-end.
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