There is no downside for metals investors nov 30 avi
http://www.kitco.com/commentaries/2016-11-30/There-Is-No-Downside-For-Metals-Investors.html
it seems that the catapult went down and not up
what are your projections now?
Polls
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POSTING INFORMATION
In fairness to Avi He spells out what’s next in that post
A break below 18.70 in GDX will then set us up for a test of 16.50-17, which if broken, points to as low as 7-9 in the GDX. Again, this is not my primary expectation at this point in time, but I always have to understand the risk in the market at any point in time so that I am seeing the market as it is rather than as I hope it to be.
Avi and I are on vastly different LT counts here.
What is happening WAS my primary expectation.
Given that it was not his, I’m wondering whether he’s reassessing his LT outlook.
That can be hard to do for someone with the rather firmly held bullish views that he’s published.