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Richard's Remarks

I follow fourteen different precious metals items. As of yesterday’s close, all 14 items have either lifted off their bases or have given buy signals. A typical chart is seen below – GDXJ. Here we see it lifting off its recent low. The P&F chart shows a buy signal will be given at a price of 30. The 50-day moving average is 29.84 so at 31, GDXJ will also have cleared its 50-day MA. I consider GDXY a buy at 31.

 

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Once again, I insist that the single most valuable things you can possess is peace of mind. You can own all the money in the world, but if you don’t have peace of mind, you have nothing. The opposite of peace of mind is fear. I have a motto that I repeat to myself often, “I’m always safe and I’m never alone.” That motto has served to provide me with peace of mind.

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