Feb
8
2017

Current Thoughts 2/8/2017

We had gold and silver move up to higher highs today and although the dollar started out positive, it ended the day negative. We are close to a breakdown in the dollar as we are trying to eventually get below that 99 mark for a nice run to 1300 at least. First stop though is 1250 for gold and 18 for silver where we might find a little resistance.

The markets had a no reasoning bounce off the lows today but the DOW still ended up negative.

Enjoying the bull ride for now and expecting it to continue short term.

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About Doug Eberhardt

Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534

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