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hammerud
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Evaluating The “Rally”: How Long To Get To $10,000/oz? - Jeff Nielson - Sprott Money -

Having seen my PM investment appreciate by almost 300 percent since January (over 200 with this pullback), would you recommend selling mining positions and going to cash at this point in that the "next crash" is coming prior to the real rally? I would hate to see my portfolio depreciate all the way back down to the January level. With so much varied input in the PM world it is hard to know what to do. One article I read last week recommended sitting tight at this point.

Commented 2914 days ago

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Beginning of the headline :There’s a “rally” in the gold market right now, and (to a lesser extent) in silver. We’re told this by the mainstream media – in between its salvos of gold-bashing. Sadly, we have also seen this parroted by numerous Alternative Media commentators. So let’s examine this “rally” yet again. The rally started almost precisely on the first day of the year (nothing suspicious about that). In the 8 ½ months since then, the price of gold has risen by roughly $250, or a little below $30/month. For conv... Read More

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