I am not buying gold or silver at the moment. I own them both and have for a long time. I haven`t really been a buyer of gold for about 5 years. Not for technical reasons, because I do not know much about technical analysis. But I do know that gold went up for 12 years in a row, which is unusual and so the consolidation is being unusual too.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.