For bullion investors, it is a great way to focus on the fundamental reasons why they have chosen to own PHYSICAL gold and silver. Especially in times like these, where the media is using every bit of news against the precious metals, where almost all major financial institutions revise their gold forecasts downward, and where the number of statements pointing to the end of the gold bull market is countless.
(1) In bull markets, prices go up only 60% of the trading days
Bull markets include many down days and weeks. If we became discouraged every time gold moved down on a particular day, we would live 40% of our life feeling discouraged by the quite common downward moves. Bull markets move up slightly more often than down and bear markets do the opposite. Think three steps forward and two steps backwards. That is the nature of markets.
Read the complete article at Gold Silver World here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.