I want to warn everyone of the dangers of confirmation bias – and this is a perfect example. It’s a textbook example of a crowd experiencing FOMO with a major injection.
With the current and expected “digit printing” you would think that the “smart money” would be aggressively positioned in gold and silver. But they aren’t yet.
Gold and silver stocks are highly levered to the price of the underlying metal. Let me explain some items that need to be on your resource stock cheat sheet…
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