This Is Not Your Daddy's Bull Market

For those of you that have been in this market either as a professional or retail trader for more than a couple of decades, this post is for you. More specifically this is for those of you that have followed the precious metal trade for more than a couple of decades.

We are at juncture in a multi decade secular bull market in gold and silver. The particular bull move in gold that we are currently in will last for at least a year before we get a major correction lasting sever months up to a couple of years as the most recent correction did from the baby bull move of 2016. All of this depends upon the system staying together without some major market disruption.

You’re not in this trade just because you expect a major, apocalyptic collapse. In fact, you should be rooting against this outcome if you have a modicum of brain cells functioning. It definitely can happen just as it almost did in 2008. I believe they’ve repaired the banking system enough to withstand the recession (really its a depression now) that is emerging. I think they have monetary and fiscal plans to kick this can even further down the road as we slowly boil in a cesspool of caca. 

Do we live as I have repeatedly said in a remarkably fragile, just in time system, that teeters on the abyss if Nature kicks one of the legs out from under it? Yes we do and the Black Swans out there to do just that, are enormous in number. So yes, you should absolutely prep and understand that fragility exists. 

What seems inevitable/ certain is the coming financial uncertainty and “need for inflation” that has been TOLD to you by the people that can and WILL bring it to you. Therein lies your tell and why you need to open your eyes and your brain and act. Not for an apocalypse, that certainly may come, but for one hell of a butt ugly screw the pooch shit show of an economic ride to hell.  Even if we get just a 70′s style malaise/stagflation (my hope) you have to be in the PM sector. Enjoy the shit show, you’re in it already, and its just going to keep getting worse. Don’t trade this like you did your Daddy’s stock market. This PM sector (mining shares) will shock you to your core on its move to the upside just as it did to the downside.