Risultati immagini per bear vs bull picThe most respected PM analysts are UNANIMOUSLY BEARISH on the sector,usually this should give the bull some hope,but this time everything seems to conspire against all related gold and silver investments.

It’s interesting to listen to Jay Taylor at  minute 09:40 when he  quotes the last Michael Oliver report on gold,Oliver is still (maybe a little less than before regarding PM related investments…)) convinced that we are experiencing a major crash in bonds and we are at the infancy of a new bull market in commodities.

To his scared subscribers  he suggests(summing): ” exit if you must, depending on your level of risk tolerance,but i’m not advocating to do that,I’m resolutely bullish on gold”.

https://www.voiceamerica.com/episode/95744/what-can-stop-big-bank-gold-price-suppression

Three scenarios are in play:

  1. the bear resumes and we will see a PM bulls carnage.
  2. we will experience a double bottom at about 1050 and we will have a PM bulls “half-carnage”.
  3. the PM “baby bull” resumes and we will experience a PM bear carnage.