GOLD and SILVER prices to fall further
They didn't consult the stackers or YOU TUBE analysts?
Bank of America Merrill Lynch cuts GOLD and SILVER forecast for 2014 and says it could get even uglier. Why is that a bad thing? If you have decent short positions or you don't even trade the metals it shouldn't even have an effect on a portfolio. Just another reason to trade paper and stick with equities:
http://blogs.marketwatch.com/thetell/2014/01/09/bank-of-america-merrill-lynch-slashes-gold-call-to-1150-and-warns-it-could-get-uglier/
http://blogs.marketwatch.com/thetell/2014/01/09/bank-of-america-merrill-lynch-slashes-gold-call-to-1150-and-warns-it-could-get-uglier/
They didn't consult Rick Rule or Sprott Asset Management?
Rick Rule recently appeared on King World News and was explaining that GOLD and SILVER were bottoming now in their current BEAR MARKET. Did you hear that? BEAR MARKET? Rick Rule admits GOLD and SILVER are in a BEAR MARKET. I guess it took a while to sink in:
Listen to the tremendous interview with Rick Rule:
CLICK HERE TO LISTEN
Watch the charts below. They will give you a little COLOR on the METALS COMPLEX amongst other things. :-) Remember though one of these days the PAPER PRICE will disconnect from the PHYSICAL PRICE and the PHYSICAL PRICE will go to INFINITY:
Watch the charts below. They will give you a little COLOR on the METALS COMPLEX amongst other things. :-) Remember though one of these days the PAPER PRICE will disconnect from the PHYSICAL PRICE and the PHYSICAL PRICE will go to INFINITY:
The YOU TUBE analysts
Or is it ANAL-ysts?
There are now FEWER and FEWER YOU TUBE analysts squawking about GOLD and SILVER but there still are a few of them that haven't figured out they cannot crash J.P. Morgan, Goldman Sachs, or end the Federal Reserve no matter how much they do not consent to their jurisdiction. But they are still trying...
The technicals are looking good for GOLD and SILVER says this ANALyst:
...developing...
