RE:As Fools Rush in they Exit for the doors when they realizeYadda Yadda Yadda, anyways I said a few days ago that a retest of $1500 was likely. now some of the houses are saying watch for a retest of $1430 area.
Funny eh? All of the houses on the way up were like rah , rah rah, you know pushing their book, and now its the same thing they are pushing the other way. now they are naysayers. doom and gloom.
Which one is right, time will tell. We knew for months on end about supply chain issues, and yet they kept pushing the PGM prices higher. And now for some unknown reason they are oh whoa is me there is no market for PGM"s.
This will also play out and then it will find its bottom, and then things will be back too normal.
$1400 heck thats fine, it will come back up, when all the doom and gloom is done with. and the supply chains are fixed.
These guys are like the WEED group, momo players. They push and talk about blue sky potential on the way up too hook retail. and then they do the flip side their alter ego side and go DEBBIE DOWNER on the commodities.
All the while making money.
If the company has the people and the demand will be there just give it a few years then the price will regain its lustre.
This is a bad time tax loss selling for one, and the other is the CON GAMERS the FED"S Powell and what he has too say today.