But when? Maybe you're in it and don't know it yet. You're certainly in a 12 year gold secular bull market....but have we started a new cyclical bull and if so for how long before the next intermediate downtrend? I lost any semblance of a crystal ball reader several years ago so I just stay in my long term bullish stance on the PMs and will continue to do so with only peripheral trading on daily extremes. IF we are currently establishing a new higher low in the uptrend started a couple of months ago in the miners then so be it and I'll make a few trades as the move up occurs. Only small trades unless the extremes become "too extreme" and you know what they say about pigs. There really hasn't been too much in the metals trade to crow about after the beatdown administered by the cartel. I know I have talked about the possibility they would do what they did over the last 2 years but like many I was surprised by just how vicious the attack was. As mentioned a number of times this was a very crowded trade and in retrospect I can see how they did it. Crushing the levered players and pushing through the alto bot stops was predictable. Taking apart the Paulsons was always a goal of the cabal. Hanging a "DON'T TOUCH" on this sector was a goal. Removing the label that PMs were a "Safety Trade" was a goal. After all a threat to the "dollar" was not tolerable.
Will this all end with the cabal muddling through and moderate growth re-established even though we have gone through a multi-generational structural collapse of a once mighty nation? Can we receive multiple blows to our constitution that provided a foundation to the greatest nation ever? Will enough sheeple wake up in time to prevent a complete totalitarian collapse into hell? AWARENESS! Its our only hope as a nation and as a world. I feel virtually no self-pity, but I do feel very sad for the young people and their families and what they are going to have to endure unless somehow this spiral into hell is halted. Maybe we will wake up and nature will resolve the transgressions levied against Nature. That may not be a welcome solution for many of us, but there is a day of reckoning coming and one way or another, we will have to sacrifice. Our credit cards just won't be "suddenly" paid off and nirvana is once again reestablished.
I appreciate your efforts to post and keep this site open AND I also understand your frustrations with this game. I didn't know how the collapse would unwind but this level of corruption is not surprising. gl