|I see silver!|
Now let's return to the physical game. This move is starting to reach its next leg up from what appears to be the bottom formed this summer. We should run quickly over 2000/oz in gold and to 50/oz in silver before spring of next year. After this latest consolidation many of the holders will exit with their first hint of profit only to stand on the sidelines as the metal moves out of their trade. The same will be more true with the miners.
Some of you have sent me private e-mails regarding the end of days issues and I want to address that again for everyone. I do not have a strong prediction on this. I remain optimistic that we muddle through this with a lot of economic pain and political upheaval.....hopefully falling short of an apocalyptic conclusion to this ponzi. After watching the dreadful events unfolding in the Middle East and recognizing what we are doing in Iraq, Syria, Afghanistan, Yemen,,,,etc... I become less sanguine regarding muddling through. So with that I say "trade on".....let's maintain our hypocritical game!
|Will nature remember?|