Over time, we lose track of “What happened….?” Before that truck hit our precious metals investments. As far back as the 1950s, Secretary of Agriculture, Ezra Benson told us he would crush our speculation in Silver. Remember? I do. No change up to the turn of the century. A dominating imperial empire. This empire would keep its illicit fiat profits to itself as long as it could suppress profits for anyone else and expand its profits from war. Surprise, surprise, Greece, Rome and Britain.
So now what is different? We now can track cycles . !! Matters NOT if we do not exploit them. So when the GDX price popped from the low of $12.50 to the breakout of 13 (we waited for that !!). GDX subsequently ran to $45 US, a triple, almost a QUAD !! SELL @ 42-45.. Now that we have a reverse, that lets you buy in the 30’s . Just some, not whole hog, that is for later. You have to start with small bits. How far it may go or last, we can guess but do not know. But, we do know it is trending upwards.