Just a very short note because time is a factor: markets pulled back significantly and it's still before the opening bell - so theoretically you still remain long gold, silver and mining stocks - don't close these positions. If you have closed them on our Market Alert from a few hours ago - we suggest re-entering long positions in gold and silver and we suggest adding to your long positions in mining stocks. The explanation will follow shortly.
Thank you.
Sincerely,
Przemyslaw Radomski, CFA