With gold and silver having fallen by greater than 20% from their January highs of 2026, some have argued the gold trade is over. In fact, and as explained below, it is only just beginning. Such misunderstandings are nothing new, as the difference between precious metal trading and precious metal investing is nothing new. Nor is there anything new about top-down misinformation and misdirection given to Main Street when it comes to understanding gold and silver. Traders, both skilled and unskilled, tend to track near-term signals for immediate rates of return (long or short) while longer-term investors typically watch ... (full story)