Final Capitulation
The capitulation selling you saw in gold and the gold miners on late Wednesday (after Powell’s bullshit) and Thursday, was “the last best buying opportunity” as I posted on Wednesday. Hope you took advantage. PS: I hope I am wrong about a false flag attack on Saudi Arabia and misdirected retaliation on Iran. I don’t want to see people die and the world thrown into even more chaos. If the idiots running the West do it, gold, silver and oil are going to explode higher. I would rather gold and silver go up slower without the chaos, but I am afraid it is likely.
Strange. I’d lost the will to bother anymore with gold and silver stocks after feeling the urge to go ahead and dump everything. So I just left them alone and woke up to a nice surprise.
It is possible, if there is a false flag over the weekend, the ensuing explosion in metals prices could bring about the long awaited default of the COMEX and LME? Or is it the default of the COMEX and LME the reason they need to have a false flag?(Always need an excuse)
I think you’re onto something, Chartsmaster. We’ve seen this before, but not up $40 and holding. Day still has some hours in it, so we wait and see.