Re: Will Tyhee Benefit From Taking So Long To Make A Deal?
in response to
by
posted on
Aug 01, 2016 10:08PM
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I except the market to sell during that time. Already valuations are nearing peaks and the gold price itself is not moving up fast enough. We're in month 8 of a huge bull market in gold and it needs a breather before moving to the next stage. Nothing goes straight up.
I think the equity markets will tank this coming fall - winter and will take down PMs with it (everyone sells whatever is not bolted down to meet margin calls and raise capital). It will make absolutely no sense but it will be another accumulation opportunity.