Stalactites
Remember my “stalactite” analysis? Well the v-shaped recover targets have been met…
Now will we enter the nebulous ultra-low rates again?
If so… will we ever get out? What is scaring me is the last time we went in that zone.. the markets crashed…
Am I the only one that thinks this might slip out of control? That the fed might be too late to save the show?
We will only know in hindsight, but obviously the action in the markets and in the miners is eerily similar over the last few days. I don’t think it will end up being the same personally.
Yep… never quite what we expect. If I’m let a dream… it would be the 2009-2011 melt-up in PM’s… without the huge sell-off in 2008.