The 300 Club

Gold and Silver are in a consolidation phase. Their long term direction is clearly up but short term the direction is indecisive. I do not try to predict the direction short term.

I respond to the price moves by buying back my trading position at predetermined points as it moves lower.

I was also selling my trading position into the highs.

These corrections are normal. If you do not use leverage and hold back some cash they can become part of your investment strategy.