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Non-Tech : The Woodshed

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To: SwampDogg who wrote (59222)1/12/2020 1:58:55 PM
From: benwood  Read Replies (1) of 60920
 
I agree about the miners, maybe one more drift lower.

The problem with timing the market correction is that there are hundreds of billions in liquidity pouring in via the Fed's QE spigot. The usual result is a snap correction that will be a mini crash, but timing will be difficult to predict as they can keep the game going longer than most suspect. It's why being a bull is so simple, and why being a bear is extremely difficult. I mean, really, if you bought into the bull 10 years ago and went into a coma and just woke up, you were rewarded handsomely even though you couldn't wake up. How much easier could it have been?

But when that correction does come, if you are lucky to get even 10%, I would buy the hell out of it. It's going far higher.

But so is gold... risk reward imo is hugely with PMs and miners this instant.
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