OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Gold And Silver Strong – Banks And Stocks Scary

Posted by Farmboy @ 9:57 on July 30, 2016  

Gold and silver stole the show in the first half of 2016. Can metals investors expect an encore performance in the second half? It is certainly possible, but the markets will need some help. The trick will be holding onto the speculative interest.

Metals spent 5 years mired in a backwater of underperformance. That began to change at the beginning of this year. Gold and silver made it back into the headlines and back atop the charts of best performing assets. The success drew a flood of capital back into the futures markets and into metals ETFs. It is these speculators who provide the fuel for big moves in prices.”

http://seekingalpha.com/article/3991353-gold-silver-strong-banks-stocks-scary

Comment: Personally, I think the Presidential Election alone is enough fuel to drive the PM’s upwards until November. Add to that Obama’s Swan Song, as he exits stage left, and whatever dumb moves he may make. And then there is ISIS. And who knows what ‘Brexit’ lies around the corner. There has never been a better time to have some wealth stored in ounces.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.