Buy the Dips

From sprottmoney.com

Initially aided by weaker-than-expected payrolls and both the CPI and PPI following suit, Silver and crypto miners led the way higher as the DXY slid below 100. The DXY may also be plagued by reports out of China and Russia that they will be launching a Gold-pegged BRICS currency on August 22, and this would be a direct attack on the hegemony of the dollar. However you slice it, a statement was made that certainly suggests the bottom is in for both monetary metals and miners. But nothing goes up in a straight line, and this appears to be a classic case of “too far, too fast”. Moreover, what if nothing happens on ... (full story)