Simply a return to 2016 levels would net us a 350% return. Hyper-conservatively speaking, bare minimum, I see a 50-90% increase in AUMN in the near future.
If AUMN experiences a crash near previous lows, I will be buying while others are selling.
It is always important to keep one’s mind open and to consider all possibilities.
At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally...
Keep studying & tweaking GLL (Gold Short Model) to try to understand maximum peak in Gold/Miners.
Continue to see 3 hour brschultz model place optimal peak in gold miners in Sept 2021.
Bottom in S&P, Dow, Nasdaq, & Real Estate in Late 2021 as well.