GREY:RNKLF - Post by User
Comment by
idodiligenceon Dec 08, 2018 10:34am
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Post# 29086754
RE:RE:This was the most significant week of your life....
RE:RE:This was the most significant week of your life....Thank you. It's early yet but last week clearly was different. Previous selloffs saw gold and miners go right down the tubes with everything else. I'm thinking that it's now apparent to the smart kids that something serious is afoot. I also think that there is little to nothing that's likely to change this shift out of high risk assets into real world hard assets. It may take a couple more weeks and there certainly can be some violent counter trend rallies but the die is cast IMHO. The global economy, societies, politics etc are in serious trouble, so much so that a few words from the liars in Washington or at the FED are ulikely to alter the new course we're on. I'm playing it cautiously still but the plan is to get onboard the train as it's leaving the station and staying on it for a long ride. I've tried to poke holes in my thesis but really can't find any. Debt is off the charts, jobs have peaked, China is is deep kimchie, France is in upheaval, the UK is in chaos, the US has a mental case president likely to be impeached soon, earnings have peaked, the yield curve is inverted...things are escalating very quickly....gold is likely to be the only sanctuary left and it doesn't take a lot of money flowing into illiquid and low market cap gold stocks to send them flying. We only need to see this through until April with a steady stream of confirming drill cores and while everyone else is jumping out of 27th floor windows we'll be making bank