Craig Hemke, Founder and Editor of TF Metals Report, joins us to review the continued corrective action in the precious metals sector, and some technical and fundamental factors that point to selling pressure starting to get exhausted near a logical area of support.
Craig advises to focus on the longer-term macroeconomic trends and to use history as one’s guide, rather than getting all caught up in the “tyranny of the urgent” as it relates to incoming economic data blips and daily price swings. By being patient and letting the economic cycle play out and the sentiment pendulum to swing from one extreme to the other, this will help investors stay grounded and avoid getting wrong footed in the choppy markets and short-term whipsaw effect of pricing swings.
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