....we know Silver is the most volatile of all commodities. If equities crash in Sept/Oct per Gary Savage, silver and silver stocks would be decimated.
...no doubt about that, but if you have physicals, you wouldn't care.
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As expected lots of metal bagholders are trying to rationalize reasons for why the metals are going to bottom immediately and soon soar.
Folks, listening to the gold dhills is what got you caught in this larger degree correction. Remaining in denial will just cause you to get dragged down and then sell in horror during a final bloodbath phase weeks from now.
If we get a major stock market crash into a 4 year cycle low in Sept/Oct then this is going to get unimaginably worse. In the chart below you can see what happened to silver during last 4 year cycle low. That is a 38% collapse in just a few days. I'll warn again.
There will be a bounce soon that will convince people the worst is now behind us, but it is not behind us, it is still in front of us. Sept/Oct is when the real panic will occur. This is just the warning shot. If you aren't prepared to weather a similar drawdown as 2020 then get out so you don't get trapped in the larger crash that is still ahead.
