I am not a buyer of physical gold or silver this time around. I suspect Gold’s downside risk from here is to about $4,000 and Silver’s low is around $60.
I do think this corrective phase was badly needed and could continue until the Summer months. It’s healthy and badly needed, as far too many bulls were created who are really just momentum chasers (and will run away as fast as they ran in).
My focus will be purely on the share side of things even though I am convinced gold and silver will make new, all-time highs, before years-end.
For now, this is my personal portfolio:
GDX
GDXJ
NTCPF
GRLVF
RMRDF
Peace Be With You! – Peter
