Will gold and silver drop again this week because of the economic news and FOMC announcement? We’ll see, but whatever noise impacts gold and silver this week will soon pass.
The plain fact is that gold and silver are undervalued, and consequently the tide already has turned in their favor. The uptrend in gold and silver has now been underway for 13 months. It was June 2013 when the precious metals made their low, and for months gold and silver have been climbing the proverbial ‘wall of worry’ that is the characteristic of all new bull markets.
- Source, James Turk via King World News