This Is The CHOP – Don’t Miss The Coming POP
My post on Tuesday was one day early, but the quick Minor chop I was calling for, is happening now. Given the jobs reports today(ADP) and tomorrow(BLS), it could last into tomorrow and or reverse violently upon Friday’s release. It is pretty simple for the metals, buy all dips and just hold on. The miners and etf’s will be a lot trickier. You need to be long term holders of them and trade around core positions, because the volatility is going to be WILD.
SOUND ADVICE CM….EVERYTHING POINTS TO…EPIC
Hey CM, I agree with your observations of a dip in metals and miners. I believe it could last until the FOMC meeting and Powell’s speech. My reasons are the Fed will not want to cut rates into a raging PM market. Jim Sinclair ,rest his soul, call it MOPE, the management of perceptions economy. I sold all of my mag silver shares into this rally avoiding the PAAS deal transaction but I will buy PAAS now that deal is completed as of today hopefully at lower prices.