In an email update from Peter Schiff last week, he mentioned that silver would be the best commodity to buy these days. I agree, there is a very good chance that silver will blast through the resistance of $38/ounce.
Don't wait for a pullback.
As for gold we see the same happening (September 18th, 2012). LCNS is spiking upwards, so there is a good chance we will see gold higher the next few weeks. Once you see the LCNS go down, you start to see a pullback. I believe though, that the LCNS has already bottomed out and will continue higher.
|Chart 1: LCNS Silver positions|
|Chart 2: Silver Price|
|Chart 3: LCNS Gold positions|
|Chart 4: Gold Price|