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Platinoid
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Gold Bulls Struggle To Give Thanks - Warren Bevan - Precious Metals Stock Review

Yeah, that July bottom was both scary and exciting, a great time to buy,
not a great time to be forced out.

The charts do reflect the spot prices day-to-day, and yeah, there is always a higher
manipulation at work, those ETF's and other paper-metal instruments.

But even bigger a manipulation is the bond market, and it looks like the heroin of
QE is spreading throughout the global village.

Evene with national bonds crashing in Europe, their ECB is going to get down
and dirty and find a way to legally bailout member governments with some
kind of centralized ECB QE..........oh joy.

For all of you accumlators of metal, all I can say is to keep buying DCA,
control those monthly outlays, and you won't be driven to panic if the
market for gold and silver continue to head south.

With a bit of discipline, you can buy smaller quantities when the chart is high,
and buy lager amounts when the charts go low.

If you are not about to hit retirement, or are forced out due to over-leveraging,
the DCA accumulator should see the potential of more July prices to come
as an opportunity,

when the day comes that there are no longer refuges for money in the markets
and bonds, metal prices will go hyperbolic.....

Keep chipping away, DCA.

Commented 3796 days ago

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Beginning of the headline :By Warren BevanWith the US Thanksgiving holiday in full force markets were pretty slow for the past week but they have setup some nice looking charts.We are really shaping up for a nice move into the coming Christmas holiday.As for gold and silver, they certainly havent put in what looks to be a bottom yet and spent the week forming patterns that point to lower prices right now. Its going to be fun and very rewarding!There are so many things to be thankful for this Thanksgiving.Life is truly g... Read More

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