The market has been trending steadily downward. We’ve repeatedly advised trading with the trend and staying bearish. Even if you’re only catching on now, there’s still plenty of room— a full 100 points.

Gold and silver are weakening in tandem, and the downward momentum remains. There’s no need to insist on picking a bottom when the trend is clear. Opportunities are always there, but if you get the direction wrong, even the longest wait becomes a torment. Get in sync with the market, and things will fall into place.