Halfway Thru The Marathon
The current bull market for Gold and Silver can be thought of as a marathon race, like in a track meet. Coming out of the starting blocks in Jan. 2016 they both took off but Silver, won that leg with a 50% gain while Gold gained approx. 25%. The second leg from late 2018 until last August’s highs, Gold was up 75%, while Silver was up over 100% for that time period. If we take the Nov. 30th lows as the start of the third leg of the four legs of the marathon, Silver, clearly has taken the lead once again, while Gold had a false start by actually making a double bottom last week. We don’t know how long or what the gains will be in this third leg, nor when the pause(or correction) takes place to set up the fourth and final leg. We do know that with 50+ years of price suppression, the fundamentals, and what the charts are telling us, Silver has been and will go on to be the big winner, as this marathon continues to play out.
Thanks CM
It’s the Turtle and the Hare Story
Problem is I a a Hare
Except the turtle is stuck in mud.