Mornin Pic. I took the day off yesterday and played golf and rode the motorcycle a few 00 miles just to clear the thinking
When I looked this am I see that my portfolio got decimated yesterday! Was very encouraged to see that ECU held above 60 for the weekly close. I am lining up with your thoughts that the $.60 level is important. Not that a move below is the end of the world, but that holding to that level or above is very positive.
"Sinclair has no short term effect on gold market but has made it clear to expect an attempt to drive you from your PM stock as the shorts create a favorable environment for covering."
I've seen this before and it looks that Jim has it right. These market moves that are counter fundamentals and outright painful always meke me question my buy and hold strategy. But understanding that the cabal is having a tought time and needs a way out goes a long way toward keeping a "big picture" perspective.
We often see a prediction that has merit be off slightly in time. I think we are seeig that now. It is obvious the cabal is desperate and not yet dead. Waiting them out is painful but I'd rather be holding PM metals and qualith stocks than anything else right now.
Well, its back to the bunker to get out of the fiat storm.