Issue #152
Dear Member,
Gold is down hard this morning, off about $18 — not something we want to see. We would all like to put a position on and have it go immediately in our favor, but such is not the case today.
If I am wrong, we will know in the next couple of days. But all of my work tells me that gold and silver are still making important secondary bottoms. All evidence points to a strong rally coming soon.
As I pen this issue, gold is already up over $8 off its early morning lows, and the patterns are looking like a reversal to the upside is coming.
Hold all positions and stay tuned. I will let you know if anything needs to be done.
Best wishes,
Larry
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