Loading ...“Adens 1680 has gone..if we close sub today…they allow a fall to 1480…but anything less is even more bullish…they will ride this fall out, as they recon this is a repeat of the 70/80’s mkt…ie super bullish.
Others see poss 1430…so bear case grows short term.”
I’m afraid if the correction gets that deep, there’ll be no buying interest left. Can only refer to the 70-80’s so many times and those were entirely different and less manipulated markets.
I will say this to Ipso’s point, in this latest dump from HUI 300 down to 250, my retirement is still up near the highs, mostly because I have several juniors in the silver space that have held up ok and only KL and AEM in the large cap space.
It seems to me that the pm shares have always reacted better to moves in silver than they have to gold.
https://stockcharts.com/freecharts/perf.php?GLD,SLV,GDX,GDXJ