Gold just broke $1300 Im looking for the Miners to move hard first half 2018 just like Half 1 2016 when my account went up several hundred percent. Same set up. Both Avi Gilbert and Bob Moriarty almost if they were one, called the high at $1900 gold and $49 silver and the low at end of 2015. In both cases, they were 1st out with the call. Now everyone's on the wagon and because of tax loss, the shares are cheap.
Dec 2015 and Dec 2017 share the same very low sentiment.
PM's and the miners ran in H1 2015 and got ahead of themselves.
I see the 7 year cycle starting in Jan 2016 when we came off the bottom and were in the 2nd inning right now.
They've spent the last 5 years leaning out and many are operating very profitable at these gold prices. Poor sentiment has allowed them to increase value while share prices lingered.
Im going to play this PM run and diversify towards the clean energy and Battery metals for the more longer term since I see huge momentum in that sector for several years. Graphite, Cobalt Lithium, Copper Nickel are all going to be in heavy demand.
Checkmate28