This is a perfect example of why we had so much optimism in this sector and why there is now so much despair .<\/p>\n
2016 was a wild and furious surge off THE bottom ( or so it seemed) ..Check<\/p>\n
Looked like another V Bottom like the one in 2018 that made Goldbugs who held thru the carnage whole again.<\/p>\n
Then the obligatory Consolidation phase of this great eruption in this beaten down sector…Check<\/p>\n
The Halfway Flags were beautiful and kept everyone in.<\/p>\n
Then SPLAT…everyone is now puking…The ones who are not selling are still puking !<\/p>\n
This chart says another 50% drop from here is possible if not even Likely !<\/p>\n barf<\/p>\n Ah…but look at the HUI …up 4% today…lots of PMs up 7 to 10%….hmmm<\/p>\n","protected":false},"excerpt":{"rendered":" This is a perfect example of why we had so much optimism in this sector and why there is now so much despair . 2016 was a wild and furious surge off THE bottom ( or so it seemed) ..Check … Continue reading ![\"\"](\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/11\/paas.png\")
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