1/6... So, this is what I think. I've been closely following the gold & silver markets for years, charting every twist and turn. The bullion bank manipulation is well documented fact. A massive short squeeze has always been a possibility, given a 'trigger'. Looking at...
2/6 all the news the last couple of days, it's possible, probable even, that the trigger has been pulled. You might expect me to be jumping for joy at that prospect, but I'm not. Here's why...I want to see an orderly, steady 'revaluation of gold and silver which is...
3/6 (and this is key)... sustainable. If we were to see $100 silver in short order, you can bet all sorts of restrictions will be imposed by the financial regulators to 'save the system', and price would likely crash back down as fickle investors gets burned. That kind of...
4/6 environment makes it difficult to exit in a controlled way. It can harm investor sentiment. I'd like to think we'll settle at much higher levels - a complete reset of the PM market, but that is not guaranteed, and there's no knowing what the shockwaves might do...
5/6 to the wider markets. A big unanswered question would also be, where is the US Dollar in all of this, and how will that affect us medium to long term ? Yes, this is 'exciting' but, for me, I'm equally concerned and the phrase 'be careful what you wish for' springs to mind...
6/6 I really hope this doesn't come crashing down on us all, and I wish every single one of you, all the very best of luck and good fortune. Either way, I'll be here to chart it all for you, as always 😀👍
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