Commodity Trade Mantra

Posts Tagged ‘Bottoming Process’

Gold And Silver - No Confirmed Bottom, But Certainly Nearer

The sale of 18,000 gold futures contracts last Friday raises many questions. Who would be that irresponsible to dump such a large amount after 6 years of decline, and who has the wherewithal to handle such large numbers? The purchase of physical gold and silver is still a go and it may be generations before current prices are revisited, if ever.

Have The Precious Metals Bottomed?

After a gut wrenching correction that drove Gold and Silver prices down 38% and 63% respectively from their 2011 highs, the recent price action in Precious Metals has been dramatic

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