David Erfle joined us today. He sees much to be upbeat about in the precious metals markets. Even though the Mexico situation has been solved, there’s little question that Fed rate cuts are in the offing, perhaps as early as next week. Gold broke $1300 yet again, but probably won’t break the $1350 resistance point right now. But if not now, then almost certainly later in the year. Just remember, experts are almost always wrong about everything, especially precious metals.
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