Short Version.

arriba-Jan-11-2023-08-11-29-4112-PM

Short Version.

Dear investor.

 

After conflicting economic data, gold and silver acted very differently in the day's session. 

 

Gold sold off, but not very much, and certainly holding above the key $2000.00 level. 

 

Gold appears to be much more on the lookout for potential banking segment failures.

 

Silver declined sharply, over 5% on the session; a steep price drop in comparison with gold less than 1%...two very different results.

 

Silver focused more on the possibility of an economic recession.

 

 That being said, the exaggerated decline in silver created a buying opportunity near strong support around $24.00...investors must take advantage of such disproportions in price. 

 

Gold is the leader of the band in this current market cycle; estimates by major banks, normally more conservative than other market players are calling for price targets between $2.200 to $2600.00 gold by year's end. 

 

The moral to this story is simple, buy the price dips when available.

 

Short-term: Headlines are your buying opportunities.

 

Long-term: Fundamentals are your guide.

 

Much success to all.  

 

Depository relations:

London - Singapore - United States

Canada - Australia - China - Switzerland

Brinks - IDS - Loomis - The Perth Mint

info@intlmetals.com

 

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