Is It Really All Over?
Sorry, but I now see sub-20 for silver and I never thought it would get this low with all the "fundamentals" going against such a move. So, I must now really ask if the heyday is now completely over.
By the way, I know there is a lot of talk about cutting back on QE. The scary thing to me is that I think the Fed MUST follow through now that they have kicked the can so far down the road. Also, as I have stated before, I just do not trust the government numbers anymore.
There seems to be a story brewing that the government fudged the employment numbers right at the time of the last election. Also, I just do not trust the current reports coming out. I do not think they are accurate, and I do not think those in charge are trustworthy.
Knowing it is very much in their best interest to kill precious metals, I now question if gold and silver have much of a chance in the near future - even to the end of this administration.
So, is the party over? I am really starting to think it is and really thinking that holding my sterling has been a mistake. I should have sold as much as possible and bought some Morgans, paid some bills, and maybe bought some medical insurance.
Analyze the Anticipation!!!