Exact same thing occurred in 08, silver got crushed and then exploded. Equities may well have bottomed on Friday for a least a month or two rally before the next leg lower. My cycles man suggests that equities have reached a 17 year high, it’s quite a compelling story.
His PM and commodities in general are in strong upward trends that will continue.Of course for equities, I’ve always been a fan of Dickie Russell’s Dow Theory, in this case the DJT has failed a make a new high so I have been very cautious for many months on equities.
Exact same thing occurred in 08, silver got crushed and then...
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