Gold And Silver 2017 – The Golden Lye

Lye – [noun] a strongly alkaline solution, esp. of potassium hydroxide, used for washing or cleansing. There has indeed been an ongoing cleansing in the precious metals market since the spike highs five years ago. Remember, there have been calls for a massive turnaround in prices for both gold and silver since 2013…2014…again, even more so in 2015. 2016 has just freshly passed, and both metals continue to flirt with their lows from a year ago. A few years ago, all the rage was for the man and woman on the street to be buying gold and silver coins, long lines, especially in China, forming for blocks to make purchases for the inevitable rally “sure” to soon follow.

First published here: Gold And Silver 2017 – The Golden Lye