Yes, silver and gold bullion are down this week. They may continue to drop – called a correction – for awhile. Maybe even a month or two.
Summer is typically a slow time for the precious metals and many other markets. Still even if gold and silver go as low as the least optimistic prediction I have heard ($23.84), that will be nothing other than a HOT buying opportunity. The least optimistic prediction for gold is $1332 btw, and don’t fill your heating oil tank just yet either because crude is going down, too, before it’s next leg up! Possibly as low as $66 a barrel.
I cannot stress enough that any dips are temporary, they may not be as deep as the above numbers, but whatever drops you see mean one thing – they are going “on sale” for a bit, before resuming their meteoric rises.
So do not worry, do NOT sell, and buy all you can on the pullbacks.
I also wanted to mention that I’m re-listening to “Why We Want You To Be Rich” by Kiyosaki and Trump. It was recorded about 5 years ago and the numbers they were crunching back then were scary. I don’t really want to know what they are today….
We still have some time to make the decision and take action to become rich (rather than do nothing or the same things, and become or remain poor). The purpose of this blog is to connect with people of the dwindling middle classes. Please subscribe above to my “Wealth Shift” newsletter to stay updated on what I am up to, to ensure that I and my loved ones are part of the former group I mentioned above, rather than the latter (because I want to teach you how to do the same, too. Imo, it’s too late for most of us to go it alone!).
And yes, my strategy has to do with silver and gold, and is still within reach of most middle class Americans and Canadians (rest of the world soon) so no worries about needing tens of thousands (or even thousands!) to position yourself. Subscribe now, confirm and you’ll get one message instantly, and my updates over the next 10 days or so.