On Forests and Trees

by Dr Jerome
TF Metals Report

I am afraid I don’t have much to say about gold & silver lately. Prices seem stagnant again. This is where the 2x & 3x ETFs will nibble away at your position. I have been sitting out any trading for a few weeks now. Gold finding support again here at $1208 and silver at $16. My charts show these as solid support levels AND the AU 62% fib retracement levels and 50% level in silver. Chart painting? Fundamentals? I’d sure wait for some distinct movement one way or the other before trading.

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