assumption that THEE bottom is in place or forming out of the inchoate** mass of market data available …
It’s true that often “bottom pickers end up as cotton pickers”….but it is also true that the majority-bears on gold–do not become believers until gold has made a 30-50% recovery of the previous bear mkt…they are left at the station frozen in a hellish fog of fear and indecision…
Hooks! They are the great danger after a change in trend-like the underperformance of PM stocks today…or the Big Bad Cartel that will suddenly appear and snatch away the hard won gains…I am but a poor mortal…neither a seer or a prophet…a mans gotta do what a mans gotta do–DYOD
SO IT IS WRITTEN, SO IT SHALL BE—-Hee-Haw!!!! Snicker!
Looks like stocks may turn up today-let’s see if gold can handle that-the Russell’s up 5 pts