As much as I hate to admit it, I think that we will have one more major shakeout that will be intense and will cause panic in the precious metals markets. The bullion banks are loaded up with shorts...and yes that could mean that a short squeeze ensues and takes metals up explosively. However, absent some major geopolitical event or similar, I think that the bullion banks will slam the markets one las time...it will hurt big time and test even the most resolute stacker!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.