Loading ...Ya you are right. It might not go down that much (10%? 20%?) and then when stocks do find a bottom look out to the upside. And PM stocks would outperform. Only thing is, in both 2000 and 2008 it took 6 months from when stocks topped for PM shares to find a bottom. And today investors have less cash than back then. Can’t count on our bankers / fund managers to buy PM stocks with their printed money, so aside for bullion, one could still be cautious for a few months (who knows?).
I intend to start chipping away at the stocks again if we get a good crash next week.
That’s all I know for now cuz if stocks bounce they could trash PM’s again with the bubbles in Comex gold and silver.
Who knows at this point?
Need to watch things closely now and roll with the punches.
Cheers