Creating Wealth 101-buy when everyone else is selling!
Gold and silver have fallen to multi-year lows due to an equity rally and strength in the U.S. Dollar. The Federal Reserve raised its estimate for a key lending rate even though policy makes in the United States have vouched to keep the cost of borrowing close to zero for a substantial amount of time. Here are some indications of gold and silver being way over sold: - There is a rush to equities (What???) - There is optimism over the U.S. economy (Really??) - U.S. Dollar keeps rising (aren’t they printing so much of it?) Buy when everyone else is selling and hold, time after time, this strategy has created enormous wealth.