After Almost Two Years – It’s Time For The Rocks
Having been enthusiastic about a number of rocks over these last two years (some of which have either done nothing or dropped a good amount) the worm is about to turn. In a couple of posts I have said they were not going to really come alive until gold took out the high made in 2020. For many that will still be the case. However, since my recent post about AMC taking a position in a gold miner, where I said many crap operating companies are going to take stakes in gold miners, much as everybody wanted to be known as an internet company in 1999-2000 and more recently a crypto company or a gambling company (whatever the fad of the day) I am noticing that even without any announcements, many rocks are starting to move up even as gold and silver have been correcting their gains over the last two weeks. In Monday’s post I said the correction had more to go and we are still above my targets, but the timeline window is rapidly closing. Use the expected weakness in the metals over the next day or two to take or add to positions in your favorite rocks. The metals are getting ready to explode higher over the next three months and the rocks should as well. PS: I wrote this yesterday. Now I read the post from North about Jordan’s Daily Gold comments and I completely agree. The metals are days away from completing their correction but the miners, especially the juniors and a number of rocks have been breaking out. Get in or get left behind.