Jeff Clark: Gold, Silver Price Drop — Cash is Key in Corrections
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"If you have a big cash level you're prepared, and you're going to feel a lot more confident," said Jeff Clark of Paydirt Prospector.
Jeff Clark, founder of Paydirt Prospector, remains bullish on the outlook for gold and silver, emphasizing that cash is key when prices correct.
"Even though I'm very long, and even though I haven't taken profits on a lot of things, the number one antidote to a crash or a correction is your cash level," he said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
