RE:RE:Answer to JC / CMMC Sale / Taseko & Gibraltar "Values"That's not a surprising response from you Metal, given your historical posts. Hers's your issue from what I see: You've been calling for a market crash for over two years now, why hasn't it happened? You are continually shouting about US debt, world debt, overvaluations everywhere but yet...still no crash. Why is that from your experienced prognosticating past? Further, here's your problem regarding Gilburt and EW theory: Why do you suppose hedge fund managers, market makers and a hoard of high paying subscribors compensate him millions of dollars each and every year for his market analysis services? Are these proven hedge fund managers with billions of dollars under management gullible fools falling for snake oil? How is it that Gilburt has been extremely successful in his market calls for over two decades now? Have you actually researched his proven track record before making up your mind that he is nothing but a salesman? Did you know that in March of 2020, in the depths of the Covid scare that he was on record calling for an epic rally to new all time highs right in that moment, not years or even months down the road? Do you know his history of calling gold prices? He was on record calling for a significant drop over a decade ago when prices were $1,950 / ounce and pretty much everyone was spouting off about it going way over $2k. I could give you a dozen more proven examples of his correct market calls way before anyone else had the courage to state their beliefs before the events occured.
Over several years here now Metal, your MO has remained the same: Shout impending crash warnings with the same reasoning over and over and over again, yet still no crash. Even the old "broken clock being correct twice daily" hasn't worked out for you. But here's the ironic component related to you and
Gilburt's prognostication: Gilburt is now (and has been for over a year now) expecting a very long, drawn out bear market heading our way. HOWEVER, unlike you being wrong for several years now with your perma-crash views, he sees the ebbs and flows before it actually happens. He's not perma anything, bull or bear, the EW guides his way.
Do some actual research Metal, educate yourself. Yes, a market crash will eventually happen. That doesn't make you correct as anyone can shout that for years before it happens and lose a ton of money along the way from missed opportunities. I will more than likely sell my shares in Taseko before I "want" to given their bright future. It all depends on how his EW analysis plays out, that's how much I believe in it. Regardless, your continued negative shouting without any real basis other than "just because", "debt, debt, debt", "Fed, Fed, Fed", "blah, blah, blah" doesn't make you look enlightened for any particular reason...it just makes you a shouter.