Lawrence Roulston has little patience for investors without the nerves to hold onto a good thing during tough times. Gold has been the main embodiment of value for thousands of years, Roulston points out, so why should tomorrow be different?
The bottom has likely been reached for gold and the situation remains bullish for the weeks ahead. The bullish situation in the gold market combined with the situation in the silver to gold ratio chart indicates a bullish outlook for the white metal.
You'll never hear the Mercenary Geologist talk about electric metals, technology metals or rare metals. But he's got plenty to say about specialty metals. While the nomenclature may not seem important, he believes obscure definitions are confusing investors.
The sector we focus on has been consolidating after doing very well. This downward move accelerated recently, which could hasten the start of a buying period. The recovery of the broader equity market after March events seems to be stalling.
In a single week, the manic euphoria gripping silver recently was utterly obliterated. After promising such rapid wealth creation, this metal collapsed. New investors were left stunned, while leveraged speculators were slaughtered.