>>23431673
Thanks for correcting me Cletus. I guess I oversimplified things and missed some important context while trying to hone in on the bull market timing.
>My feeling is that we're maybe at the halfway point in this PMs bull market cycle. There may be much more runway depending on how badly the Fed continues to run errant, failed monetary policy.
I think so too, it just feels like we are kind of half way there. I'm totally speculating but one possible scenario I could see is that we enjoy this PM bull for the next two or three years, and other commodities also join in on the fun. But then there's a top in 2028 or so as economic confidence starts to swing into the other direction. Then gold may not do super well until a real devaluation event or financial crisis sometime after 2030. The trend is obviously that there will be sovereign defaults and devaluations, but I think there will almost certainly be another "intermediate" change in trend before that. I don't really trust the guy but Martin Armstrong's views on economic cycles have been weirdly accurate at times so I have started to think in these kinds of cycles myself a bit. No idea if it's just dumb luck or if he really has cracked the code. Look at the timing of some of these recent years