Anyone here upset about the pullback we’re seeing in the metal markets and mining stocks? Although there are few visitors on this thread, I feel compelled to reach out with important recent information. I urge everyone to review their current investments, as we are anticipating major market shifts in the next 6-18 months. There are many factors each investor necessarily has to become more educated on. Many investors overlook the potential of targeting assets positioned to thrive during a major market rotation. As capital shifts between sectors, you should anticipate heightened volatility and adjust your strategy accordingly.
Metals have completed the first part of the bubble phase of a very mature (26 year) Secular Bull Market, or if not completed, the rally is taking a pause. This correction should be recovered quickly. When it does, that will bring in the general public, and that is what drives the second part of the bubble phase. The fact that the corrective phase, separating the first part from the second part wasn’t allowed to play out naturally, just guarantees the final top will be even higher. Friday’s attack to rescue the banks from their short positions has significantly increased the odds that we could see an upper target level of $500 for Silver. Michael Oliver proposed this possibility will occur within the next 6-8 months. The gains made during this first part have been mind blowing, but you haven’t seen anything yet.
I like what Rick Rule had to say about the pullback:
FYI: “We’re in a bull market - don’t waste it. - In the 1970s, the gold price fell 3 times by 30% or more - 1971-1975: Gold increased 6x, from $35 to $200 - In 1975, gold fell from $200 to $100 Everyone shaken out at $100 missed the move to $850 by 1980. You have to prepare yourself financially and psychologically for 20-50% pullbacks.” Gary Savage had similar remarks regarding precious metals saying that he sees the current dip in gold and silver not as trouble—but as the perfect pause before an explosive second leg up.
A trio of analyst’s all converge on likely future outcomes, now that minimal targets have already been reached, with many individual stocks going much higher. Each analyst uses different methods and supporting narratives that converge on a similar outcome: precious metals and precious metal stocks are all likely to continue a longterm upward trend. I learn something new from each of these presentations that follow using critical thinking skills in applying what is important to me. I simply discard what does not apply to my current situation and continue to listen and learn. These are presented in the sequence they optimally should be listened to. Listen to the entire presentation before moving on to the next to best apply sequential information. There is diverse information throughout each with Jim Rickards supplying an indepth history of how we arrived at this point in time. Invest the time listening to each and consider it a worthwhile investment to your future. It is not necessary to accept all that is said. Apply information appropriately to your own situation.
“GOLD Could Surge to $20,000+ ‘A Lot Faster Than People Expect’: James Rickards”
https://youtu.be/Nm6cDaSPUk4?si=vmSDHKPdlPbvqscF
Jordon Roy-Byrne discusses Volatility and has a superb presentation of charts.
I like Jordon’s discussion around these two charts that begin around the 9 minute mark.
On a personal note, after taking profits in any one of the mining stocks, I typically put in a bid 15-25% lower to refresh the shares of stocks I just sold and maintain a core. In the very unusual smashdown of metal prices along with mining companies, I have put in lower GTC bids for stocks I want to acquire for 20-35% lower than last price sold. I consider it a good way to park my profits and this practice acts as a sort of insurance instead of placing a put. I cautiously acquire stocks incrementally and rarely swing for the fences. The recent sell off was anticipated to some degree, however it was VERY unusual. End of the month, options trading, and just profit taking on oversized gains from last year in a new tax season all contributed. Jordon makes a powerful case for gold retracing near the 200 day moving average to $4,400 (discussed around 9 minute mark). If this happens it is a very powerful buying opportunity. Personally, I discount it will reach this level for the producing gold and silver mining companies. I’m dismissing this dip in miners because the upcoming Q1 reports essentially look backward at profits generated when gold and silver were significantly cheaper. This is because modeling for the reporting is based on the period ending in December 2025. Likewise, the same is true for Q2; it is a look back. I’m buying selected miners on these pullbacks. Growth is likely to accelerate in the second half of the year for these major silver miners:
The statements above are not professional investment advice, and major silver producers shown above are FYI only. These are my personal choices, made by applying critical thinking to my own values and priorities. I filter information based on it’s relevance to my current circumstances as I continue to learn and evolve. Listen to the entire presentation for a perspective of these experts. Invest the time necessary to listen and consider it a worthwhile investment to your future. The Fourth Turning may be a cleansing event. Fiat currencies are a decaying source of value. The next 12-18 months are a pivotal change in global reality. Assimilating the information from several experts, it is important to diversify and spread your investment dollars among a number of stocks.
From Thoughtful MoneydotCom: Silver to hit $500 by Summer, Gold target $8,000: Michael Oliver
^This last one is a long and thoughtful discussion by one of my favorite analysts. I hope these expert perspectives provide a clearer roadmap for navigating the current secular commodity bull market. It is a commodity rotation taking place, however other individual stocks will be doing well also while others decline. Know your investment goals short and long term. Feel free to talk it over at any time.
EM