BULLION BLURB - “Volatility” – the Term of the Summer
Posted on July 23, 2018
Volatility is defined as the “liability to change rapidly and unpredictably, especially for the worse.”
You don’t have to look too far back to clearly see just how volatile the precious metals marketplace is right now. And it is sending our industry haywire! We all find ourselves playing the constant guessing game of what to do and when to do it, which is only going to continue to haunt us.
It’s hard to define what a win is anymore…it might just be to minimize your losses and move on. It could be playing the right card at the right time. Unfortunately, we do not know what the future holds for us or the market.
But, one thing we can offer you is our recommendation. If you can afford to keep your precious metal and bullion, hang on tight and ride out the wave. Don’t get scared and rush out to unload it.
Eventually, the waters will settle and we will return to whatever semblance of normalcy we’ll have.