Gold & Silver – Update
“…if the immediate reaction in the pits is to monkey hammer gold and silver, “BACK UP THE TRUCK” on both. It won’t last long and will probably be higher by the end of the day.” Despite not choosing to loose all credibility by greatly reducing the number(as far as we know right now) we still got a MINOR takedown. (Buying opportunity) Considering where we started on both metals before both the Thursday and Friday reversals last week, today’s DIP was minor, and we are OFF To The RACES! Slowly, at first. Then all at once. Get right and sit tight!
Slowly stealth grind up in the metals. Gold on the verge, platty about to bust. Silver will catch up soon.
Sir CM,
I can’t tell you how much I value your daily updates (trying to filter out all the Covid posts, which have their own merit, but are covering 95% or more of the real estate on this forum) and want to reiterate that I am a total believer in the PM bull market having seen its bottom a long time ago, I’m getting more and more curious to see when the venerable Sirs Plunger and Rambus “give in” … LOL! This is not about who is right or who is wrong, this is classical painting of the charts.
I can share more evidence.
Patience is a virtue.
GL
Look at it this way, you’ll be right eventually.