Wednesday, December 05, 2007

Nice Long Term Gold/Silver Charts

These nice long term log charts from GoldMoney.com help put the current bull market in perspective.

Some high level takeaways for me:
  1. This is a tough market to play around on the short side of - long only for me
  2. It's important that your entries and exits keep you in the game for these nice moves up
I'm still waiting for a 20-day high to get back in - haven't seen this yet, just some major seesaw action for the last month. Many people smarter than me advocate just buying now and accumulating at these 'cheap' prices - something to consider for sure.

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