Now that it appears clear the bottom is in for gold, it’s time to stop
fretting about how low prices will drop and how long the correction will
last—and start looking at how high they’ll go and when they’ll get
there.
When viewing the gold market from a historical perspective, one thing
that’s clear is that the junior mining stocks tend to fluctuate between
extreme boom and bust cycles. As a group, they’ll double in price, then
crash by 75%... then double or triple or even quadruple again, only to
crash 90%. Boom, bust, repeat.
Given that we just completed a major bust cycle—and not just any bust
cycle, but one of the harshest on record, according to many veteran
insiders—the setup for a major rally in gold stocks is right in front of
us. (more)
Please share this article
No comments:
Post a Comment