I believed that money printing and uncontrollable fiscal policies would be beneficial to the precious metals sector. In principle, I still do. But the odds are certainly stacked against us, and with each passing day, I feel that the only way we’ll see a prolonged and sustained rise in PM’s, is along the lines of what Martin Armstrong adheres to:
Gold and Silver won’t go higher until confidence in the government has eroded and been lost…..
My shares are so far underwater that I won’t sell them now, but I’ve written them off in my mind.
Sorry to be such a Debby downer…….