Next Leg Up

Feels kind of like the next leg down doesn’t it? Did you know you’re in a major new gold bull market? The move began in 2016 with the moonshot baby bull in miners and the move off of the 2015 gold bottom. It was fast and caught many off guard with its ferocity and speed. By the time the average sucker got in, they were chopped up by the boyz like so much cabbage. It was brutal and soured most of the newbies so badly, they swore they’d never by another gold miner share.

This is how a major bull in a relatively small sector begins. THEY don’t want you in. THEY kick you in the nuts and then stomp on your head until you get the message. After a couple of years of slapping you around and making sure you’re defeated, they start the next leg up. Instead of a massive, spectacular move like 2016, there is a more controlled, cautious move in the leveraged mining sector. Gold is actually moving very well, as it breaks out of the 2016 high with power, but most newbies are not convinced and ride the sidelines waiting for their mommies to make them go into the water. After all, this can’t be a real bull beginning because we all know these miners move 200 and 300% like they did in 2016. Yet they have not.

No one really believes the miners are in a bull market. Investors are afraid. Their sentiment is still poor after just a few months of sideways actions. Instead of buying here, most investors are frozen on the sidelines waiting for a bell to go off so they can jump in. 
Next leg up kids. Here’s your bell …..ding ding lol. Hey speculators….if you’re afraid then take a look at the pathetic price in silver. That’s a crime and you can’t pull THAT trigger lol? Platinum and palladium are saying goodbye sweethearts and leaving the station. Maybe that’s your bell lol. 

The Fed is telling you they’ve got control and just to prove how well they have control, they started QE4 and started lowering rates….lol… I can’t blame you, they made you go home tell your mommy you were a bad boy and bought miners and gold and the boyz stole your lunch money. BOOO buttfox!