Loading ...The ratios suggest that should change soon.
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The Sweet Spot for Gold Miners to Outperform Gold – YouTube
How can this be?
Well, for one thing, the commies fully intend on stealing the election, which includes making sure conditions in the financial markets remain ‘stable’ right through to the inauguration in January.
Notice the seasonal timing associated with this is identical to that of Y2K in 2000. So, one should expect a very similar outcome, that being the bubble not bursting until sometime late in the first quarter.
PM stocks can put on quite a move in a very short time once traders see this. And screw Larry Fink and his buddies. The sector is so small they can go screw themselves. They be forced to buy later on at far higher prices.
That won’t hurt the metals either.
So maybe gold to +$3,000 and silver to +$40 (maybe $50) into a seasonal high in Jan/Feb.
And of course, the Chinese continuing to unleash the monetary bazookas like they did overnight won’t hurt as well.
Thusly, and with a little luck, and a lot of printing (they hope you don’t notice), there will be life for PMs after the BRICs meeting next month many have not seen yet.
Cheers