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Gold(Stocks) Bottom?
Earlier today, the markets tanked on Europe concerns. Gold & Gold Stocks were not spared.
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Earlier today, the markets tanked on Europe concerns. Gold & Gold Stocks were not spared.
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If the pattern isn’t broken soon, this could mean we are about to see 2008 all over again, and silver could drop another 50% from here
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After gold and silver got hit hard last week, some of you probably wonder if that was the end of the 10 year+ bull market for precious metals.
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Have you ever experienced a “Deja Vu” feeling? Well, if you have never experienced one, maybe after reading this post you will.
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On April 22nd, we wrote an article “Silver 2006 vs Silver Today, Does it look Familiar?”
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Did you miss out on buying Gold when it was at $1,700? In this article, we will describe a way to get a second chance to Buy Gold at $1,700!
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After reaching an all-time high well above $1,900 earlier this week, gold is now about $180 lower, just two days later.
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One month ago, the SP500 was trading at 1,345 points. Today it is trading at 1,128 points, or down over 16%.
One month ago, Gold was trading at $1,601. Today, it is trading at $1,891, or up over 18%.
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Gold has reached an all-time high well over $1900 yesterday, so the Gold bugs have reason to celebrate.
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We have written many articles over the past couple of months whereby we compared historical price movements with current developments. To show you a couple of them: *Gold Headed To $5,000 per ounce? *Silver 2006 vs Silver Today, Does It Look Familiar? *USD-JPY: Let The Crash Begin To make the comparisons easier, I developed an … Continue reading