RE: Correction Over14 May 2021 13:01
I know it is frustrating. My daughter asked if she should invest into dodge coin yesterday. I might have a dabble with a small amount. But my last three investments have been into a silver miner, a gold and copper miner and the GDX. I follow Gary Savage he called the daily cycle low yesterday or today. Gold was brought down by whispers of an early rise in interest rates, the fact that stock market has resumed an upwards path means inflation is officially transitory and interest rates won’t be going up for a long time. This is why I say gold looks good. As soon as we breach the old high we should get a very powerful move. Gary Savage reckons Nasdaq will get a melt up through the summer then very significant correction in the Fall. Copper could still double from here. I am invested in a copper miner in Cyprus. Commodities have many years of upwards direction ahead of them. I am hoping we get a summer of price advancement in the mining sector. It has been an immensely frustrating few months but I am seriously hopeful we are off to the races in the next couple of weeks.