The good news: A recovery bounce should be nearing. The bad news: A bounce is all it will be followed by years of lower prices and dormancy.
Seasonal charts indicate higher gold and oil prices are in the offing. But don't wait too long.
Precious metals appear to be bottoming as they churn at support zones.
Stocks are still the place to be until proven otherwise.
Correctly timing a top or bottom is flat out exciting not to mention financially rewarding. But don't forget risk.
Investors and traders are spooked, creating to a steady stream of selling pressure for gold and silver bullion and mining stocks.
One big market win naturally draws you back to keep going, working much the same as those casino bells.
Some of the top-performing strategies are the ones with the fewest moving parts,
First, you must be willing to wait for price to provide low-risk entry points.
The old adage still applies. Just remember it's common sense that risk is extremely high if you are betting against the current trend.