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Summer Decline in Gold & Silver Coming?
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<p>[QUOTE="fatima, post: 1201928, member: 22143"]This is a 6% decline. I don't think it warrants the description "significant". In the scheme of things with gold, this is nothing. It's a buying opportunity. </p><p><br /></p><p>I do agree however that gold most likely won't do much during the summer. After Labor Day however, watch out. People will wake up from their summer swoon and realize the economy is really tanking, Obama is a failure, the GOP is rehashing it's form of voodoo economics, and the constant "hopium" being doled out by the media is nothing but BS. If gold follows its 10 year trend, it will rise $200 -$300 from then until December. This assumes no unpredictable SHTF events. These days and times, there is no telling.</p><p><br /></p><p><br /></p><p>Silver? This is a speculator's metal. Easy to get burnt and something I say stay away from.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1201928, member: 22143"]This is a 6% decline. I don't think it warrants the description "significant". In the scheme of things with gold, this is nothing. It's a buying opportunity. I do agree however that gold most likely won't do much during the summer. After Labor Day however, watch out. People will wake up from their summer swoon and realize the economy is really tanking, Obama is a failure, the GOP is rehashing it's form of voodoo economics, and the constant "hopium" being doled out by the media is nothing but BS. If gold follows its 10 year trend, it will rise $200 -$300 from then until December. This assumes no unpredictable SHTF events. These days and times, there is no telling. Silver? This is a speculator's metal. Easy to get burnt and something I say stay away from.[/QUOTE]
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