DailyMarkets.com - Watching Silver For The Bottom In Gold

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Watching Silver For The Bottom In Gold Posted: 25 Apr 2013 12:42 AM PDT In a recent post (see What to do about gold?) I suggested that a tradable bottom for gold may be near, but to wait for some signs of price stabilization: Personally, I would be inclined to step aside for now and watch how this trade develops. Gold could have great upside potential once it bottoms, but prudence calls for waiting for some signs of stabilization before getting long. I would rather miss the first 10-20% move than lose another 50% should I get long prematurely. It appears that we … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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