My research showed back in March that we would have a bottom of 13.50-12.80 USD the 4Q of 2015. Afterward I was seeing a sharp increase to a high in the later half of 2019 to 2020. Then a final long crash that would take some time to recover. We didn't quite reach my target and I failed to buy in. Did I miss it? So who else thinks the bottom is in and we shouldn't see another dip below $13.67USD?
I think there are quite a few folks in your camp. As for me, I have no idea. It's just all guess work for me. I'm a buyer here, and will be if it goes to 13.50 or lower. LOL
I think the bottom is in already. I'm calling 2016, the year of the Return of the Precious Metals Bull Market .
No, pms are bouncing due to a bounce in the Yen. Japan wants a weaker yen, so down we go. Until the yen/gold relationship is broken, pms will continue to decline.