The precious metal beat down continues.
SLV under $29
GLD $156
FCX $35
GDX at $42
GDXJ my goodness at $20
It is time to buy them or depending on your time frame perhaps start to accumulate.
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This site is for stock and ETF traders. My intention is to educate and help traders gain experience-- a glimpse into what other traders are doing. As a retail trader you are at the mercy of the markets and the few big players that can control price movements. Here, you will find trading ideas mostly. On occasion I will post actual trades.
Great blog
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I'm still shy of investing in precious metals. The main reason for me continues to be that I think the dollar will regain value, and so will the markets overall, and this will drive down value and drive down interest in precious metals. The places to be are in the stock market right now, and I think real estate is beginning to look attractive again as well.
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