*Physical* Gold and Silver technicals and fundamentals - both are long term buys
2/8/22 - 1 minute read
We've basically spent the last 3 months between $1,750 and $1,850 on Gold. 6 month chart low $1,726 and high $1,867. The paper markets have also been in a technical wedge, meaning the price has compressed to an even tighter range, with both bulls and bears having high conviction of their trade - the trend will break through the floor/ceiling to the up or down side. Gold usually leads rallies, and should on this one, through the summer. All indications lead me to believe that we're about to get a break up, unless the stock market does another 10 to 15% rollover. I prefer a 70% Silver 25% Gold 5% Platinum ratio on my Precious Metals portfolio at the moment. Long term, BUY BUY Silver & Gold! To purchase, support your Local Coin Shops first (you may have seen the phrase "LCS"), or online you can look at JM Bullion, SD Bullion, APMEX, and trusted eBay power sellers!
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