Friday, February 13, 2015
WILL THE GOLD ADVANCE CONTINUE? the answer will shock you!
I watch the silver chart for clues about upcoming gold moves because Whitey lost interest in silver as a trading vehicle years ago, so it tends to ignore the honky cracker repositioning that's always going on in gold.
And silver is telling us something today:
Perhaps leg two of the Jan-Feb PMs & miners pop is beginning this weekend.
Makes sense. After all, there's a new Donbas treaty and Greek negotiations are ongoing, right? Plus recent employment data (and Fisher's comments) has suggested that the Fed will raise rates in June after all.
Thus, everyone should buy gold. Because turvy is now topsy.