A quick followup to my last post. Silver continues to go higher and gold is following. Middle East instability is good for the PM’s and energy. As the shorts continue to get squeezed I expect prices to rise.
Anyways the theme of this post is getting on this bandwagon if you arn’t already there. Gold has lagged silver, and seems to be a few days behind in it’s breakout. I’m certainly not advocating you go out and buy gold futures or GLD but I believe the charts I posted on my last post will still offer a good opportunity to participate.
Unless of course you believe the middle east will have an orderly resolution soon, and Ben Bernanke will stop printing money.