I have bought some gold and some more silver despite my worries yesterday. I may regret this reckless move. But the silver chart looks promising (It is moving upward in clear steps - see chart) and gold has bounced off a support line.
Dramatic daily stock market movements are inflicting vicious whipsaws and perhaps I should not be there at all.
I am flush with cash that I have been holding for a couple of months. I sold off most of my shares when the market flattened and looked as though it would fall. (Tiny pat on the back.) All that cash is now burning a hole in my pocket and I want it to generate some profit. Should I be more patient in these uncertain times and return to holding close to 100% cash?
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