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Richard's Remarks

 

Today is a half day for the stock market, the market closes at 1 pm Eastern Time.

 

The first chart I want to point to is SLV, the silver trust, and an item I suggested that my subscribers buy. SLV is now extremely overbought, but I suggest buying it on any pull-back.

 

 

 

 

I like this chart, and I've suggested buying SPPP to take a position in Platinum and Palladium.

 

 

 

 

 

My third choice for a buy is GDXJ, below. The chart is bullish, and I would buy GDXJ below a price of 40.

 

 

 

 

In closing, I don't blame any subscriber who elects to stay out of the market altogether. If you're not sure of exactly what you're doing, don't do anything. The neutral position is holding physical silver and gold and maybe Tri-Continental Preferred, which has a yield of a bit over 5%.

 

Late Notes -- A strong close, with the Industrial Average up 92 and the ... Log in or subscribe to continue reading.


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