Loading ...Re your: “Perhaps I am reading the tea leaves wrong, but it has been a long few years since I felt this optimistic about the chances for PM’s. Eventually, sometime in 2017, something(s) is going to knock the hell out of the markets, and Gold and Silver will be left standing tall. ”
Agreed, me too. It sounds like TPTB are in panic mode jaw boning or pumping the economy. Nice trade on that JDST.
Re tariff, this EXACT same thing happened soon after little George got elected. Tariff on Steel and Lumber because our domestics were shutting down, prices too low after strong dollar policy ’92-’00 from Clinton, Greenspan, Rubin, Altman Summers etc.
They, Bush and new guys, started lowering the dollar, and maintained the Tariff until the lower dollar inverted the COMMODITIES higher. After 2001 we had a lot of good PMs years. Gold was $250, Silver $4/oz.
If we are seeing a repeat of 2001, then todays prices of AU and AG (and Cu. steel and lumber) are the new base LOWS ? We have a new good ride ahead.