Issue #140
Dear Member,
Larry here, gold is rallying, up over $16 as I pen this issue at 8:50 am EST. Silver is up $0.37 cents.
This is NOT the big rally I am looking for. Do NOT chase it by changing your buy limits for yesterday’s recommended mining stocks. Gold and silver will likely pullback very sharply over the next few days, and that is the pullback that we will want to get into. Once the pullback is over, gold will likely make a beeline to the $1,400 level.
I repeat, do not buy into this rally. It is not prime time yet for gold or silver or for the mining shares I recommended yesterday. Stick with my price limits, do not chase the market, and wait for my next update.
Best wishes,
Larry
