It’s less than one week to Christmas and we would like to wish all our loyal readers a very Merry Christmas and a Happy New Year. Enjoy your holidays and eat, drink and drive in moderation.
For us, we will be taking it easy for the next two weeks. So, you will find that we will be writing at less than our usual frequency from today till the 3rd of January. After the next two weeks of break, we will be back to our regular publication schedule. However, there will be some activities at our Twitter and Facebook page during the holidays. Of course, we wouldn’t leave you completely on the lurch- should there be any extraordinary market events, we will write about them. With that, we will leave you one little market nugget to digest…
It is the official silly season for the financial markets!
What we mean is that at this time of the year, investors should not read too much on the market movements. Traders, like everyone else, are also taking a break and taking it easy. Fund managers are squaring their books. Trading volumes are typically very low. In other words, the markets will be making strange movements that should not be over-interpreted.
Our friend, Adam at Market Club has this to say about the silly season (in the context of the gold market): It’s Official Silly Season for Gold. Adam’s bottom line is this:
I strongly recommend that if you?re not in gold [Ed’s note: to trade, not invest] to wait until we see more interest and activity coming into 2010.
If you are into trading, you may want to get 10 trading lessons FREE from Adam Hewison and MarketClub. But if you into long-term big picture invest in gold and silver, then you will want to read out book, How to buy and invest in physical gold and silver bullion.
Tags: Adm Hewison, Gold, silly season, trading
