Doldrums and Summer lows? Pining sez No!

Posted by on June 19th 2017 in Uncategorized | Be the first to comment!

By Pining 4 the Fjords
With analysts at most public PM websites now turning decidedly bearish, with the summer doldrums staring us in the face, with the new rate hike raising interest rates (on paper making gold less desirable as it provides no yield), and with the gold seasonals suggesting that “sell in May and go away” was the play, there is a definite bearish tilt to the sector right now. That’s why (among other things) we have a great risk-reward setup staring us in the face. Pining thinks it’s a great place to go long (with stops)! Here’s why:
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Source:: TF Metals Report


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