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Alias Born | 04/26/2010 |
Thursday, January 20, 2022 4:05:18 PM
My preferred scenario is the ones that took place in 2000 and 2008, the two prior bears, where even PM stocks got crushed, as they did also by the way, with the Covid mini bear market 2 years ago, where they were crushed in the same way....and silver in particular as a metal got hammered to hades.
When investors panic, as they should be doing now, they run to the dollar.
I might reposition here somewhat lower. The key is not to lose money. When I saw X get slammed mid day, it got me really worried. X is about to announce great earnings, so it is not "acting right" and generally is a rabbit or canary in the coal mine....Maybe this was just a half day panic but to me, this market is so far overvalued "it ain't funny."
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