Loading ...As they were crashing for a few years, PMs started climbing and I assume we helped the index numbers climb and the regular stocks started following us up. The Idiot Dollar was peaking up on 120. Thats when I KNEW they had to drop the dollar from 120, and I stopped working and started buying PMs. It was a great 12-14 years after that.
We may be having a similar situation. The Stock market was a stale old bubble starting to roll over before 2016 and Trump kept it going a few more years, of found money for them. Well the Indices might finally be starting a multi year correction for being over priced, and the PMs may be ready to start a new strong uptrend for being under priced too long relative to spot gold.
This chart shows the dot com SnP crash in 2000, and again the financial crisis in 2007 to 2008. And the following an obvious SnP Rhyno Horn formation. We all know how they play out.