Hold on to Your Gold and Silver for Dear Life!

in #market8 years ago


In this report I cover the early market action from London on Friday, April 13th, 2018. I look at the precious metals, stocks, the dollar and crypto currencies.

I look closely at the long term technical picture for the gold price and how gold has actually been in a major correction since March 2008 when the dollar index bottomed at 70.69. I cover Ron Rosen's Elliott Wave analysis of the running flat correction and why it is pointing to a huge leg up in gold in the next few years.

I also argue that one should hold on to their gold and silver as these monetary metals will be used by the powers that be to reset the global monetary and trading system.

Ron Rosen December 2015 Report: http://www.321gold.com/editorials/rosen/rosen121815.pdf

Ron Rosen April 2018 Report: http://www.321gold.com/editorials/rosen/rosen041018.pdf


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and bitcoins :)

An interesting piece. Let's hope we will soon see a change in sentiment without the catastrophe that war brings.

Thanks for valuable post market and busness

Gold is essential and important
A very wonderful article done well, my friend

I'm 100% agree with you , those stuff are for the long term

@maneco64 Your market update always effective to us. Great analysis and nice economical explanation..

Thanks @prince121. I try my best.

Good morning maneco64, all my silver (which is not huge) has a numismatic value higher than the spot price, thank you for your valuable info and updates as usual, have a great weekend. :)

Thanks Andrew. have a great weekend too!

Great post, I like this market.
I appreciate your post.

You are welcome and thanks for following.

Yes it makes sense

This great post, I like dtube channel.

Upvote resteemit done

Wish I would have some of it to hold on.

I would add any oil based assets, I think the POTB are so hell-bent on escalating the war in syria we are likely to see it and the oil price is likely to increase as a result.

Information can change your life :) just like this article, for more information, I wrote a post and I encurge anyone to give it a try.

The gold bugs have a small community here on steemit under hashtag #steemsilvergold. If you would like to join I would be honored to sponsor you for membership. You can of course post within the community without being a member by just using the hashtag #steemsilvergold.

Silver and gold are not going anywhere. They've been good for over 5000 years and the price is currently being surpressed.

Great update market.
I like it this post.
I appreciate your post.......

 8 years ago  Reveal Comment

Thanks for following sujonkhan.

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