WHAT TO DO....THE SILVER SUMMER DOLDRUMS

Almost every summer, like clockwork, silver and gold become listless.  As the days and weeks slowly pass, everyone keeps wondering....is it going to start climbing, or keep dropping down further?  Should I buy or sell?  Sentiment starts deteriorating,  patience is exhausted, and frustration sets in.  We capitulate and abandon the idea of doing anything.

It's never wise to expect too much this time of year as silver and gold take a back seat to the great joys of summer.  Watching the markets you usually find that most traders take advantage of long sunny days, extended vacations and enjoying life.  This keeps the spot prices of silver and gold fairly low with simple rallies and declines...nothing too dramatic.

But, if you're looking to buy, then this summer doldrum time of year marks the best time to deploy capital, to buy low at a time when few others are willing.  You can get in on some great deals and, with the trickle of change in the prices, you can be assured that your investment will take a big advance come this winter.   Silver and gold generally enjoy a powerful seasonal rally that starts sometime in August and runs until early next summer.  Now is the time to be bullish, not bearish.  Then, you can sit back and watch smugly as prices climb along with your profit.