It has a been a rough time for the metals. We are almost at a three year low. As David has often said the precious metals market often wears investors out or scares investors out. David feels that some of the precious metals investors gave up and moved money into the crypto currancies. The cryptos had a good run last year but this year the trajectory has been down, down, down. The stock market after the long bull run seems to be wobbling with investor concerns about volitivity and political crisis.
David feels, looking forward, things are still going to be tough for the precious metals and we still may see lower lows.
David says we are at a point where we need to rotate. Most stocks and bonds are overdone and money may be rotated into the precious metals.
Now is the time to build up cash, wait for the precious metals trends, and get on board. David believes we will see a lot of uncertainty ahead.
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