yes, i see the possibility for one more down, its always like that. BUT i believe w/the turn i have had on my calendar for quite some time i am going to step out and say . we are about to embark on wave 3of 3 of 5
when i got introduced to trading and trading gold i got to spend time w/james sinclair. he told me the big money 1st enters the markets by buying the miners. miners lead up and down. on the last lows in the metal the miners did not follow suit. imo they are under accumulation.
so , i may be putting my foot in my mouth , but i see signs of the bull resuming after almost a 3 month hiatus. i also see a cycle which calls for a high in march/april . then another high in december
but back to the present . silver and platinum should be the lead dogs for the metals. while mr trump has stopped the unnecessary wars we have been engaged in , taking out dictators etc. the economic weight of the debt and deficits is starting to exert its influence. its not going to be pretty
anyway, in commodities the big wave for price appreciation is wave 5 , but this wave will be broad based and impressive in its own right. i dont think the gold bull gets recognized by the masses until the highs are surpassed
tally ho
dharma
happy holidays
i dont eat meat so turkey is not an attraction.
i really enjoyed and appreciated that interview w/paul tudor jones and ray dalio