Plunger’s Special Report
Who is Plunger ?
https://goldtadise.com/?p=435881
“Plunger’s Post Bubble Contraction Finally Arrives”
https://rambus1.com/2020/02/29/special-report-plungers-post-bubble-contraction-finally-arrives/
Now Public
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You can read the unique full body of work leading to this post.
Here
https://goldtadise.com/?p=435204
PS you might say Friday was Plunger’s Flush
🙂
Is it still a case of ‘be right, sit tight’ for gold miners? Even as other stocks are getting margin calls?
It all depends if you think gold has bottomed or not. Everybody thinks friday crash in gold stocks was due to margin calls and other factors. Maybe, but do not forget gold price could have finished an interim up cycle after a 500$ rally from 1200 to near 1700$ last week. I would be cautious in calling a bottom in gold and think further downside in gold to $1450 and gold stocks possible. And this has nothing to do with general market weakness, it is just gold retracing part of its gain since the rally wd had from end 2018.
We need to watch for CB lead… when globalized qe programs laid put officially… precious metals will move.
Pushing on a string. Cant force feed more borrowing when everyone is already drowning in debt
Borrow free money ? I would use it to pay off my debt not spend it on more stuff