My 1st Million At 33 – yes, you can do it too

Sorry, my site was down, and I couldn’t put up anything.

This morning, Fed came out and talked empty about inflation threat. I don’t know why anyone is still listening to Fed, but nevertheless, PM complex went down by some 2%. My model would have generated a buy signal in about 2 days. Looks like it may take a bit longer.

In any case, unless a big fall towards $820 level happens (which is still on the table), or a bigger rise in $US, the worst in PM is probably over for now. With that said, PM has a tendency to consolidate in a big range for a long time before any soild concrete gains can be established. So just be prepared for the volatility if you decide to purchase.

Best,

Frugal