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JohnCM

04/13/13 3:04 AM

#615 RE: jsc52033 #614

Maybe you don't fight the trend. Scale back your PM holdings.

Personally I was buying NG and NUGT today. Looking for a bounce back on Monday.
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punk153

04/13/13 9:49 PM

#617 RE: jsc52033 #614

The physical market is breaking away from the paper market. Physical silver is now selling $5+ over spot. I don't believe this downturn will last too long. Look for silver to test $22/ounce and gold to test $1450/ounce in the coming weeks. Many global countries have been buying physical gold by the 100s of tons. It is just a matter of time before demand outstrips supply and the market corrects itself. Owning SAND is a smart move since you own future gold production, which is hedged to a future gold spot price.

http://www.insideinvestingdaily.com/articles/inside-investing-012712.html