What we are seeing is just a glimpse of a much bigger correction that will come if circumstances allow Gold to break out above $6,000 and overshoot higher, while Silver breaks out above $120.
I’d also like to add that geopolitics is a core part of the fundamentals. Yes, fiat currency debasement will drive Gold and Silver prices higher in the long run.
However, your miner portfolio can still be decimated if you ignore geopolitics.
Finally, I always tell people to dollar-cost average into physical Gold and Silver if they want to protect themselves in the current geopolitical environment.
It is much more difficult to comment on miners because everyone’s entry points are different.
1972 - Silver rose 3,368% in 96 months.
2003 - Silver rose 1,041% in 96 months.
Compared to the start of this #Silver Bull in 2024, by 1932 this would mean that Silver is trading at $270 versus 2003 and $818 versus 1972. In my opinion, Silver will beat 2003 with ease.
But what I want to emphasize is that Silver rode the 200MA during these Bull runs. Only during the 2008 financial crash did Silver go 50% below the 200MA, but it recovered quickly and before the stock markets could recover. After that, Silver rose nearly 500%.
Silver is now trading around the 200MA again. With Silver in a Bull run, this is an attractive add zone regardless of what happens in the short term.
THE KENTUCKY ELECTION WAS RIGGED BY A FOREIGN GOVERNMENT! Openly. A foreign government openly rigged a US election and installed a puppet candidate. Even the President of the United States promoted and greenlighted this unbelievable, treasonous act. I do not care if you are conservative, liberal, libertarian, or an anarchist–this is WRONG. The American people were denied the opportunity to select their representative because the US government prioritizes Israel.
I have more money than I can spend before Scotty beams me up, so I do not even sell advertising, nor do we send out 10 emails a day trying to raise money or sell swamp land in Florida. Sorry, I’m interested in accomplishments and what I leave behind, hoping for a better life for my posterity.
I see three major opportunities to potentially multiply my capital going forward:
⭕️1. Gold, silver, uranium and miners (now entering the 2nd inning)
⭕️2. Mainland Chinese equities (especially tech) — still in the 1st inning
⭕️3. Properties in Hong Kong and Tier-1 cities in Mainland China (nearing the bottom of the cycle)
🔶This is just my personal take.
The perpetual doomers in Hong Kong’s financial scene will probably mock this outlook. Time will tell who laughs last.
The timing may be perfect because the idiots might still be trashing HK and China when #Gold #Silver and miners top.
Trolls should do the opposite and see what happens.
#Gold #Silver 🔥