AUTHOR's NOTE: I have decided to no longer write for Seeking Alpha because of their lack of professionalism and control of content that goes against what I believe in and have written about in my book, Buy Gold and Silver Safely. They have been forcing authors to include paper stocks, ETF's or Mutual Funds as alternatives to physical precious metals for one's portfolio in every article when my company specializes in the physical delivery of metals to my clients and doesn't even sell paper assets. I have battled with the Seeking Alpha editors for years, well before they even had a Gold and Precious Metals category (which I believe I forced them to do). I gave them one last chance to post this current article you are reading as it was a timely piece based on current market action, and over 8 hours had gone by waiting on their review before I finally had to give up on them publishing it.
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Is This the Bottom for Gold and Silver?
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: Precious Metals Broker selling gold and silver at 1% over wholesale.