Time for a recap of the old year, before we head into the new. From the first of the year in 2015, we see gold lower by approximately $100 dollars and silver lower by approximately $1.90.
Some folks are asking , is there any hope for the bulls in 2016?
Here are 2015’s low points to ponder:
Going forward, Silver seems more vulnerable than Gold to larger price movements.
In the upcoming election year, especially with this crew of candidates, one can only guess the direction our markets will take in 2016.
Many Wall Street traders are away for the holiday so it’s difficult to find out their predictions for the new year.
Nonetheless, which ever trading costume you will feel comfortable wearing in 2016, bull or bear, feel free to wear it to the 2016 Times Square New Year’s Celebration. I assure you, you will feel right at home. No photos please.
Author Name: Walter Pehowich
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