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Re: ThSeeker post# 13636

Wednesday, 08/12/2020 4:45:38 PM

Wednesday, August 12, 2020 4:45:38 PM

Post# of 22764
I'm not going to pretend to know how low gold and silver will drop or the mining shares too, but we saw a dramatic fall yesterday and I would expect there to be more selling going on for maybe at least two weeks, maybe longer. There will be some backing and filling while things settle.

We've seen some big moves in all of these items and I'm actually glad to see them pull back some. They were all getting over heated IMO. The bull market will last longer if we see moves higher then some consolidation, so pullbacks are important just like the up moves. IMO at some point there will be a huge parabolic move higher and when that's done, so will the bull market be.

The stock market is in a huge bubble and at some point that will pop again.
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