August 15, 2016
There is little doubt that precious metals have moved into bull mode in 2016 with gains in gold, silver, platinum and palladium. In my latest piece for Seeking Alpha, I explain why the precious metals market looks the best it has over the entire course of my 40 year career in trading these markets. I caution that the higher prices go the higher the chances are of a vicious correction that could take these metals down toward the 50% retracement levels from multiyear lows late last year and early this year to recent highs. That correction is the time to load up once again.
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