CPM market commentary: Buying gold and silver when others are not
From kitco.com
‘Sell in May and go away” is not good advice. It never has been good advice for most investors. Not for precious metals, and maybe also not for stocks. It certainly is not the best advice this year. We all have heard the stock market adage ‘Sell in May and go away.’ It is predicated on the seasonal trends in stock market investors’ buying and selling patterns. It is bad advice, for silver and gold as well as stocks and bonds. The reality is that there are seasonal patterns in investor buying of silver, gold, stocks, and bonds, and these seasonal patterns often lead to stronger upward price tendencies in the first ...
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