Nothing appears to frighten this market -- not Putin, not higher interest rates, not a cessation of quantitative easing. ...Happily I don't manage other people's money, and this allows me to take an unusual stance. I don't gamble in Vegas, and I don't play poker with private local groups. I have what I need and I'm satisfied with what I have. Physical gold equals pure wealth, and I'm satisfied to sit with my physical gold position. Each day millions of words are written, in an effort to uncover the current trend of the market. So far the market appears to be in a strange and eerie stalemate.
Although markets appear stable, experts list seven things that could go wrong: the first is that payrolls could slip, the Crimean situation could unravel, China could slow down, the US dollar index could fall to 78 or lower, inflation could heat up, and gold and silver could start to surge. Lastly, interest rates could suddenly rise, as they levitate to protect the dollar. I continue to advise a position in physical silver and gold as the best and sanest stance in today's nervous and erratic markets.