thanks Pisces
it is also the timing and the potential returns
the goldies were at historical lows so the return was massive
if we group the metals together as copper silver and gold then the charts are fairly similar. silver is a solid chart with the major spike from mid 2010 to mid 2011. that was it. one massive massive rerate. before that had years of solid growth from 2003 to 2008 then the gfc then the recovery and spike. then 2016 recovery for first 6 months then the hammer. now if does get thr the $20 level it will be a major major spike up
silver distribution was from 2011 $50 to 2016 - $15. now we will get the spike up and not just silver of course. zinc nickel copper all in line
so that is the golden hammer for my stocks. when will it happen my friend. that is the question
gann beckons again but i find if i just watch what is unfolding step by step then the levels in play become clearer. i have taken a bit of fade the last few months and feel a step closer to that golden hammer was taken this week. i call it the count. been a great year and a half and as i said a few months back we are only half way there. once it is over then have a look at the distribution from 2011 to 2016 for a lesson in over. it is over.
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