Time to Buy Again

Freemarket Gold and Money Report
"...the task for traders is to now begin building a new trading position. The task for long-term investors is much easier. They should just continue their ongoing accumulation of the precious metals on this pullback.

I previously ventured that there was a 60% probability that the low was in place. But subsequently there were new lows in both precious metals.

There is no bullish divergence this time, but it appears that the precious metals have again put in a low. Only time will tell of course, but it looks like time for traders to again start buying, with another 60% probability the low is in place." (5/12/08)

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