Quick Note on Metals …

There may be some short-term negative volatility in gold and silver. My take is that it is likely to last through this week. The reason is that China has been a main driver in the rising prices. They have also been instrumental in moving the pricing of metals out of the paper casinos and into the physical assets themselves- obviously- a far more fair way of valuation.

China is celebrating their Lunar New Year this week, and this will allow those that manipulate paper prices to move the price- almost always down- without the physical demand that has been thwarting their manipulative tactics in recent history.

I would not let fear creep in here. This is a short-term maneuver that will shake out weak hands and make them miss out on what I believe will be FAR higher prices in the coming months.

Remember- Price is what you pay- VALUE is what you get. Anyone who may be looking to establish a position or add to a position- this week may present an opportunity that may not present itself again at these prices.

Hang in there and …

Be Prepared!

Any opinions are those of Mike Savage and not necessarily of those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. The information in this report does not purport to be a complete description of securities, markets or developments referred to in this material. The information has been obtained from sources deemed to be reliable but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct.

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