Cruelly, the Gold-Silver ratio may be the decider. For a day at least, silver is tanking in relation to gold and dat as dey say folks, ain't good.
Here is a snippet from a somewhat lengthy update that went out to subscribers this morning while silver was still flying around near its highs. Consider it or discard it as you will:
"Our upside target for silver is around 44. SLV is biased a little lower and targets 43 or so. We are getting close enough to target for government work.
Not to play top caller, but the chart shows that 42-44 for SLV could be a good spot for a correction, whether healthy and on the way to higher levels or a next leg down to the long standing target of 30+/-."
Believe me, the timing is just incidental. I did not even have time to get fully prepared before the thing reversed. But it is the bigger picture that is important and there is still time to get one's house in order perspective-wise on the bigger picture.
Edit (2:32) From a subscriber:
"Gary, This one post [he means NFTRH email update] of yours saved me a lot of money today. Your analysis I have grown to trust, and this posting confirmed several signals I was getting from the market today. As a result, I did a rare thing- sold a lot, and right away- before the cliff dive.
Not just for this post, but for all your postings- THANK YOU. I really appreciate all you do, and how you do it!" --MW, Atlanta, GA
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