Should Gold (GLD) and Silver (SLV) Be Trading Even Higher?

gold stocks investing
Written by Mike Hammer

Boy oh boy.  Watching the markets this past week might lead one to think investors aren’t rational.

Or that maybe the zombies had risen up and eaten their brains.

For a few days there, the US Dollar rose. Not unusual. But silver and gold also rose.  La-la land.

gold shares

Then someone who actually reads numbers noticed that Japanese traders were swapping the Yen for the USD. Probably a smart move, as their economy is still stuck in the mud, and at some point, you have to try something different.

Silver and gold were… Continue reading at ETF Daily News

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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