The Calm Before The Precious Metal Silver Storm
By: Steve St. Angelo, SRSrocco Report
SilverSeek.com
April 9, 2017
There is an eerie calm in the precious metals market as investors continue to pile into the broader stock indexes. Precious metals sentiment that was flying high last year when the Dow Jones Index fell 2,000 points, is now at an all-time low. Investors who are highly fickle, have no idea that they will lose a great deal of their “supposed” paper wealth.
The word out on the street, as it pertains the precious metals retail sales market, is that investors are no longer waiting on the price of silver to fall to start buying, rather they are now waiting to see what happens to the broader markets. Speculation, is that if Trump is able to get the corporate tax cuts passed, then the Dow Jones will head up towards 25,000 or higher.
While this is a possibility, investors should realize the market is already seriously overextended. Sure, it could continue to move up, but the correct way to invest in precious metals is not to make a perfectly timed purchase when the rest of the market is crashing, rather it should be done on an ongoing basis. Investors should be purchasing metals over a period of time, not one large amount due to the timing of a market collapse.
If we look at the Dow Jones Index versus the Silver Price, we can see a very interesting trend that took place when the Fed announced QE3 back at the end of 2012:
The Rest…HERE
