I am now bullish on gold and silver based on gold’s current sell-off, the immediate incessant berating of the precious metal by pundits on CNBC and several other reasons. Silver is highly correlated to gold. In October 2008 the precious metal plummeted 18% and subsequently rebounded 23% over the next two months. I accurately predicted this move in an article I wrote on Aug 24th. The following is a brief description of gold’s current performance, my reasons why precious metals are a buy followed by my top seven precious metal picks.
Click the link below for the rest of the article….
- Make an Entrance, Not an Exit (lewrockwell.com)
- The Golden End Game – A Thought Experiment – Part Two (zerohedge.com)
- Gold prices: Could they hit $2,500 in 2012? (csmonitor.com)