Shares Silver Trust (SLV) resumed its downward trend and shed 0.5% off its value. Considering the ratio between SPDR Gold (GLD) and SLV picked up in the past few weeks, does this make SLV a better buying opportunity over GLD?…
Read more →
The post Is SLV A Better Buying Opportunity Over GLD? appeared first on FX FOREX.
via WordPress http://ift.tt/1p2Esmj
Forex, Better, buying, opportunity, Over
The price action in 2012 presented a very compelling case for a strong market and low volatility in 2013 (see post on #NewNormal). It wasn’t the price action in isolation though. 2012 was in such stark contrast to the latter part of 2011 it really set off alarm bells in my head. We went from a period of massive volatility related to macro events to a period of suppressed volatility despite a constant stream of macro headline risk. So while many experienced traders and newbs alike (in my trading world) were making bets on the impending major market pull back, I continued to “preach” every morning on our desk that we should continue to follow the #NewNormal playbook: focus on buying stocks/sectors