Loading ...The entire move ends overnight? Should we sell everything then?
I’m trying to remember how the other bulls have ended. I do remember 08’-09’ when Lehman went under and that Sunday night it ran up toward $1K and was reversed by the next morning. I definitely remember silver in 2011 when they smashed it for $6 after they killed Bin Laden, but it seemed like we hung out in the $40’s for a while.
Maybe this IS how it ends. If it’s a financial war, why would China send silver over to the LBMA to help bail them out?
I do know this much, I’m not going to wait another 10 years for the next move or ride gold back to $2500 and silver $25.
When you see moves like this it’s understandable why the miners don’t jump up and start paying big dividends. There’s no security for them.
I’m going to give it a little more time. There’s Fed easing still in front of us and maybe even QE. Hopefully that at least puts a floor underneath prices. The silver market should still be tight. I don’t know.