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Re: ThSeeker post# 4020

Tuesday, 12/20/2016 2:28:40 PM

Tuesday, December 20, 2016 2:28:40 PM

Post# of 19412
Everyone I see on the business news is uber-bullish on the stock market going forward for reasons I can agree with. I understand that's the recipe for an eventual market crash, but when and how a crash happens is anyone's guess.

What concerns me now is are we in a new PM bull market or was the big move we saw earlier this year just a move higher head-fake in an ongoing bear PM market? Who knows, but I guess we'll see in the coming months. What won't be pretty for any of these mining stocks is if gold breaks that $1050 area support and threatens $1000 or lower. That won't be good technically and should dispel the PM bull market theory.
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