Study: the current decline is probably just a correction in a bull market.


I agree with the reasoning in this podcast. I could be wrong, maybe the headwinds are just too strong right now with trade tariffs, rising interest rates, and quantitative tightening, but I think we'll get a bounce from here. We'll see.
 
in January 1980 Silver fell from about $53 to $10 over $200,000 per contract without a bounce. straight down for 23 straight days down limit. I had a friend who was long silver at the top lost over $200,000 on that one contract. it did a little dead cat bounce then went well below $5. It took more than 20 years for the market to bottom. 30 years to $50 level and immediately collapsed once again.

NEVER SAY NEVER

If you dont know what to do in all situations then you are going to lose everything one day.
 
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