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sillyinvestor

12/01/23 4:41 PM

#719563 RE: diamondguru-one #719559

I do agree the dollar's reserve status will be taking a hit in the months and years ahead. Which will cause prices/inflation to remain high, and in turn will boost the cost of precious metals in US dollars.

I'm just not sure it will affect our markets YET, as they have the ability to remain exuberant even in the face of obvious issues. I do worry, watching the markets rising as fast as they are now, that a correction and maybe even a severe correction is just around the corner.

Which leads me to COOP. At the highest level ever, and if you listen to the JWW crew, it's posed to go even further. Then I think back to the previous 15-16 years of watching this wash/rinse/repeat cycle, and wonder if I'm crazy not to be taking profits RIGHT NOW.