Friday, February 21, 2014

The Gold and Silver Bull Market is NOT Over Yet

The bull market is not over and it's normal in these secular bull markets to shake off some bulls and reach the status that we are currently at where the sentiment is very low. There is a lot of distrust and a lot of people are questioning whether they should be in the sector. Those are signs that the bottom is in. Now is the time, for those not in the sector, to get in. For those already in, either hold what they have, add to their position or ride it out. A couple of years from now we're going to see much higher prices in the precious metals. Three or four years out, it may be overvalued in real terms, but that remains to be determined.

- Source, The AU Report: