Strap yourself in
This week is sure to be a wild ride, but one would be naïve to pick which way things will go. Today the US CPI figures come out (albeit manipulated), on Wed the BoE minutes and US ‘beige book’ are released, plus Bernanke’s Congress Testimony begins and Thurs China housing data is released amid fears of a credit bubble. What does this mean for gold and silver? What is almost certain is that Bernanke’s speech in particular will spike all investment markets one way or the other. We are an advocate of holding your nerve with a balanced asset portfolio, dollar cost averaging, and including physical gold and silver in what will almost certainly be volatile times for some time yet.