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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 672.07-1.7%4:00 PM EST

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To: Machaon who wrote (49568)5/2/2013 3:13:00 PM
From: GROUND ZERO™2 Recommendations  Read Replies (1) of 218753
 
I'm probably in the same area, I'm hearing lots of thunder nearby now also...

I think gold and silver have probably already seen their lows... also, I think there's a reasonable chance that gold could rally right back up to its breaking level of around 1525ish... gold should move much higher closer to the end of this year, there are also season bullish biases for these metals later in the year... so, I'm sort of comfortable buying and holding for real right now... once I get a main model buy signal triggered for gold, then I'll double up my positions in all the PM markets...

GZ
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