Less Stimulus - Higher Dollar - Less Risk Mentality
Okay, so here we go with the official announcement today. When all the talking heads started to say it wasn't likely to happen this early, I started to think it was more likely to happen than before.
Stimulus is slowed, the masses see a stronger dollar, risk mentality is off, and we get ready to see the shorts kill gold and silver.
At this point, I find it almost amusing that markets play off the media hype. Personally, most of my scrap gold is gone and I don't plan on letting go of my sterling pieces short of those which will likely bring a decent price such as my Navajo pieces and a few others I have.
So, how many here are now buyers? SLV might be interesting here pretty soon saw well as some physical. Personally, I hope to convert some of my silver into Morgans.
Analyze the Anticipation!!!