Loading ...The market will go up when the market is ready to go up. And when it does, no amount of shorting will stop it. The market is being shorted because there is and has been money to be made by shorting the market.
When that changes, longs will be the game, and money will be made. I’m just repeating what Rick Rule said. This is not what capitulation looks like. Nobody said he’s is an expert or that he knows what the market will eventually do, in fact he downplays his opinion. (on the other hand, he’s rich.)
The bigger question is who will be there when the market does reverse? Because it will. While waiting, I enjoy the train pictures (really!), the conservative musings, the presidential bashing (if done respectfully, and it often is not), the obvious patriotism, and the numerous interesting personalities on this board, one of the few I read most every day, and have been since WAY back when.
I remember attending a “gold Bug” meeting in Olympia, Washington about 12 years ago in a small restaurant. I wonder if anyone here remembers that meeting. Back then we were trying to convince our friends to buy $4 silver with not much success. Hmmm…