CAD 
Products
USD 
Overall, I am Medium/Long Term Bullish, Short Term Bearish
GOLD PRICE
I believe Gold is heading south, “worst-case” $2120, imho, then it heads up to ~$2300 next. Now that the Fed is out of the way, the extreme technicals, sentiment, and positioning can take effect.
SILVER PRICE
Silver has clearly signaled its intentions to the downside, as forecast yesterday. The question is: how low could it go? It could be as little as $25.25 or as much as $24. That remains to be seen. But once wave ii down is complete, it’s time to zig-zag up to $30 next, imho.
GDX
If GDX has peaked at $30.84, these are the levels to buy on the downside…
Remember, this is a “buy the dips” market. No shorting. Gold is going to $2400 next, Silver to $30, and high-beta miners…well, they’ll crush all-else, imho.
Don’t miss a golden opportunity.
Now that you’ve gained a deeper understanding about gold, it’s time to browse our selection of gold bars, coins, or exclusive Sprott Gold wafers.
About Sprott Money
Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.
Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.
Learn More
You Might Also Like:
Looks like there are no comments yet.