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Re: fockewulf190 post# 13330

Wednesday, 07/22/2020 7:45:27 AM

Wednesday, July 22, 2020 7:45:27 AM

Post# of 19786
I was just reading an article talking about the EU stimulus moving the PM's, so it's just more fuel for the metals fire.

IMO this is what we should see in the coming months. At some point the markets and PM's will correct. I believe that correction will draw a lot more people into PM's because they are going to see them as very CHEAP after this big run up we've seen. Of course, they will also be looking for a safehaven, but I think people tend to buy more of something when they feel it's a bargain than when it's rising or becoming more expensive.

There of course will be a time when the buyers will come in because the prices are going up so fast they don't want to be left out. That's closer to the time they begin to go parabolic.

A lot like we've seen in the Nasdaq market as of late. A bubble.
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