Timing the market is never easy. It is better to remember to sell into strength and buy into weakness. In the precious metals markets we???¦??re currently seeing weakness. It???¦??s not the time to sell. Buy in tranches as it???¦??s unlikely that you???¦??ll guess the bottom.
Europe’s money is fleeing to the ???¦?safe haven???¦? dollar and U.S. Debt. Of course, the U.S. debt markets and socialist democracy are a house of cards similar to Greece, Spain and Italy. So, it???¦??s just a matter of time before ???¦?king dollar has no clothes.???¦? As that Emperor is gradually exposed, the precious metals will continue their 100+ year secular bull market of continuous dollar price escalation.
Today???¦??s important articles on the subject:
Have Silver Prices Bottomed Yet?– www.kitco.com/ind/Kirtley/20120514.html
Major Bottom in Precious Metals This Week– www.kitco.com/ind/Trendsman/20120514.html
America has abandoned its limited government that was defined by powers enumerated in the Constitution. So long as we vote for unlimited socialist government we will have unlimited debts. So long as we finance unlimited debt by printing more Federal Reserve Notes we will see an erosion in the purchasing power of the dollar. Yes, it may strengthen against other paper currencies, but relative to gold and silver and most other commodities it will weaken as a long term trend. As a metals investor, don’t be worried by a short term drop in metals prices. That is simply a buying opportunity. I hope you are paying attention.
Investing in stocks, real estate, and precious metals is risky and could result in losing money. I am offering ideas for your consideration and education. I am not offering financial advice. Please do your own due diligence. I am not an investment adviser. Precious metals is not for everyone. I promote precious metals through American Gold Reserve. You should do your own due diligence when making investment decisions of any kind. You should consult your own financial advisers before making any investment decision. I make no guarantees that by following any advice or suggestion I might make that you will realize any return. Beware, all commodity markets and other markets carry risk of loss.