Welcome to the 16th Anniversary Edition of The Gold Update. What began 835 Saturdays ago on 21 November 2009 as a single paragraph and chart for one JGS has since evolved...
With gold suffering a healthy drawdown after an extreme topping, much-better gold-stock entry prices are very likely as it runs its course. Get your shopping list dialed in before that.
The bottom line: in the Asia-dominated gold bull era, using gold like a stock to make fiat profits is a questionable endeavour at best. Now it’s all about… getting more gold!
Ira Epstein discusses the performance of the metal markets, highlighting that gold held steady at the $4,000 level and silver remained stable under $50, despite a broader market downturn.
Silver came within a whisker of making news highs, which is hardly surprising, as it has catching up to do relative to gold and is poised to embark on a major parabolic acceleration...
