Loading ...I’m sure those are all valid concerns, however everywhere I look across the sector I see no froth what so ever. And like Rick Rule said on the Sprott podcast today, participation rates in PM’s are still only one fifth of the 30-year average.
What this means is just to get back to the 30-year average, aggregate investor participation in the sector needs to quintuple in years to come — and far more to return to the 1980 peak.
So some crazy things in the overbought department should be both anticipated and welcomed — not feared at this point.
Peddle to the metal.
Pun intended.
Cheers