Loading ...Savage comments Plunger’s article
Interesting “answer” to Plunger.
I can only say that I DO HATE this sector , unfortunately I’m trapped into it and I don’t know how and when I will be able to get out of this nightmare.
Even stocks like Novo and Americas Silver SUCKS and I have lost lots of money buying them, this is a sector that ALWAYS go much worse than any analyst expect, so I DO HOPE than both Plunger and Savage ( Plunger thinks it will happen later Savage sooner) will be right and gold/silver stocks will go up but when and from what ridicolous low prices??
https://blog.smartmoneytrackerpremium.com/2021/07/is-gold-in-a-cyclical-bear-market.html
Great to see Plunger has sparked some real honest debate in the Gold Community .
I agree with you Mamare
This is why we started Goldtent TA Paradise .
After watchin many Gold Bugs destroy their financial lives listening to Gold Permabulls all day
And after watching sizable gains in my own PF disintegrate 3 times over the years.
I hooked up with Rambus …who saved me from a 4th debacle and showed a man how to fish 🙂
Beware the Ubiquitous Gold Permabull Story…beware the Imminent Comex Default Story.
Beware the Gold Stock Addiction …There is No Cure
Savage makes some good points and as I have stated often, the metals are still in bull markets until they start making lower highs and lower lows. One can debate the status of miners(bull or bear) but I focus on the metals and just the best performing miners. That is why I don’t follow or care about indexes like HUI and XAU, nor ETF’s like GDX or SIL except for context and perspective, not to trade or determine bullishness or bearishness.