So do you think gold and silver stick to plan or $1620 gold and $17 silver here we come?
Gary February 15, 2023
I think they stick to plan… until the don’t. Not to be wise about it, but it’s always supposed to feel bad during a correction, even when you’ve anticipated it like we have. If I see the macro funda continue to degrade however, lower would be on the table. But I am trying to take it a step at a time and combine technical and funda to keep a narrative going.
Gary February 15, 2023
Oh and cash is paying interest, which helps in the patience area. ;-)
Roger February 15, 2023
So wait with buying the miners until we see proper signs of bottoming combined with macro signals intact? or buy at these support levels with stop-loss? Guess both are ok, just ok to know what is your prefered way
So do you think gold and silver stick to plan or $1620 gold and $17 silver here we come?
I think they stick to plan… until the don’t. Not to be wise about it, but it’s always supposed to feel bad during a correction, even when you’ve anticipated it like we have. If I see the macro funda continue to degrade however, lower would be on the table. But I am trying to take it a step at a time and combine technical and funda to keep a narrative going.
Oh and cash is paying interest, which helps in the patience area. ;-)
So wait with buying the miners until we see proper signs of bottoming combined with macro signals intact? or buy at these support levels with stop-loss? Guess both are ok, just ok to know what is your prefered way