Sunday, February 04, 2024 8:21:40 AM
Why do you think the liberal Dems are screaming about increasing the number of judges on the Supreme Court? They obviously want more liberal judges appointed to swing the decisions in their favor. They figure if you can't beat the other side fair and square, hell, just change the rules to make it work for you.
I'm sticking to my theory about the metal prices falling from current levels IF and WHEN we see a big drop in the stock market. How long the current market move higher continues in anyone's guess, but I'm seeing this as a blow-off top eventually unfolding. Sure, we could see some short-term moves higher, but IMO we should get one more final opportunity to buy physical PM's on the cheap before the big move higher begins. That's after they pivot and the money printing starts back up in a very big way.
Just like Keith was saying on the webinar, we're not going to see a significant move higher in the gold price or miners until money rotates OUT of the sectors of the market that people are plowing their money into now. That's technology and just about everything else besides the mining sector. The only thing that's going to change that view is for the stock market to reverse and go the other way. The market sentiment needs to reverse and get as bearish as it has been bullish. JMO
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