Bull markets survive and carry on when downside price corrections in overall uptrends are perceived as value-buying opportunities and the bulls step back in. Such is the case in gold and silver today. In fact, chart action in gold futures today suggests the bears are now short-term exhausted and that prices will trend sideways to higher in the near term. Gold also erased its solid losses at the same time news broke that U.S. Secretary of State Pompeo said Hong Kong is no longer autonomous from mainland China. Such a notion raises all kinds of questions and uncertainty, such as how will Hong Kong’s citizens react to ... (full story)