Plunger : “The Topping Process Begins ….The Bubble has Found its Pin”
( For those who don’t know), Plunger is our resident Market Historian and a regular contributor to Rambus Chartology and the Chartology Forum.
This was posted for members yesterday. We are sharing it here at Goldtent as It is a very important piece IMO.
https://rambus1.com/2018/02/11/weekend-report-the-topping-process-begins-the-bubble-finds-its-pin/
…. honk if you liked it……
One of the better post I have been reading lately: rating *****
Honk. Honk. Excellent analysis of what is going on in the DOW and the PMs. I agree.
Agree; however, still questioning what happens to the miners in a downdraft…
Eagle,
I realize this topic needs to be visited. I will try to address it in the next report.
Nice in depth analysis. Thanks, Plunger.
I, too, have an interest in Eagle’s question.
Plunger,after thinking about, and re-reading, your recent post concerning the pin prick and the stock market status, I am beginning to think that, yes, we may be right about a bull market in Gold, but, if and when a 1929 scenario or even some other type of top occurs, that, much like the piano player in the brothel, gold stocks might very well also be sold hard when the margin calls are issued, regardless of their value and that that may be the reason for their current lethargy.
Please tell me I’m nuts and
Thanks for reading my mini-rant.
A+…
Thanks for sharing Plunger
Excellent report!
Thanks
Nicely laid out. I’ll be re-reading it a few times!
Thank you FGC and Plunger ! Got some homework tonight.