The Doc is in on Monday
Click download link to listen on this device: Download Show
Richard Postma (AKA Doc) joins us to chat about the precious metals markets and the conventional markets. The overall trend that Doc points out is that although fundamentals all point to a falling conventional market “don’t fight the Fed” needs to be considered in all trades.
james….I admire you for your steadfastness.
irishtony – thanks!
Still hold some silver , and a few gold stocks . thank goodness most of my mine stocks, pay dividends. My new positions in Tobbaco stocks taken last week, are doing very well ,i am up 1 to 4% ,on all 4 positions. One oil stock i repurched on friday , sold today for a 4% profit . Again i am buying on small pullbacks, selling into strengh . i am swing trading , just until Xmas. then it may be a repeat of last time [debt ceiling follys] . i plan to have a lot of cash in January. best of health and prosperity to all S
After the release of this weeks FOMC meeting, when they admit there is no exit of QE, stocks could continue to soar. Gold should soar also, but gold has to fight off the central planners.
$1340 has held for 3 consecutive days. $1400 is next…