Zeev's Turnips Patch-No Politics (ZEEV)

[opnion]

Hi Dan, I would think some gold and silver buyers of late will have to get burnt and shy away before a thrust up of a great magnitude will take place. To me once 420 prints and I do believe it will , that is all that needs to happen to make my gold chart purty again. But I guess depending on the sentiment right now on gold that likely won't be the low for this mid term move. Not enough people throwing in the towel just yet.

On the other hand it may be retail investors that win this gunfight and wall street loses. Some option players had to lose on this last run above 434. A drop below 420 will embolden shorts to step in again but imo this is a fatal mistake this time.