May 7, 2017
What I See Next For Gold and Silver
Still lots of divergences in the markets with the Dow and S&P 500 trading at their all time highs and gold, silver and junior mining shares tanking.
There is surely ‘something here’ for all investors and particularly for those interested in long-term stock warrants.
If you need more information on stock warrants, I have just published “The Stock Warrant Handbook”, Your Personal Guide To Trading Stock Warrants. You can get your FREE copy HERE.
On May 28th and 29th, I will be attending the Cambridge House Writers Conference in Vancouver, CA. I will be available to answer your questions and will be sharing space with Ellis Martin of The Ellis Martin Reports.
Complete details are HERE.
Now back to gold and silver……
From the charts below I see that gold and silver are still holding above long-term support
and both are either at are very near ‘oversold’ when looking at the technicals. I therefore,
believe that we have either bottomed or will bottom very soon.
On Friday, May 5th, we actually had shares as measured by the HUI above increase while gold and silver continued to decline, perhaps, just perhaps this is the sight of a bottom.
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From the shores of Lake Chapala, Jalisco, Mexico,
Dudley Pierce Baker
Founder-Editor
http://CommonStockWarrants.com
http://JuniorMiningNews.com