Where will Spot Prices Head in 2016?
Posted: Fri Jan 01, 2016 10:24 am
referring to the final winners spread sheet linked here http://realcent.org/viewtopic.php?f=22&t=35696
Quick analysis of our guesses (is this because we share a bias as stackers?) indicate that we were all overly optimistic regarding our predictions
(mirroring the reflection that things will often become worse than any can imagine)... yet not quite so bad as the most pessimistic among us had predicted.
Will this trend continue into 2016? I imagine so. Has anything changed in the fundamentals? No.
I'm not talking about the fundamentals of our rationale for stacking precious metals. That remains unchanged. And events are lining up to provide those
late to the game with excellent entry points. And long-timers the opportunities to lower our DCA
What I'm talking about when I propose that "the fundamentals haven't changed," is that, until the system breaks, TPTB will keep the markets fixed.
Those who push the prices down will continue to do so until physical scarcity (again) shoves premiums back up, leading to a final divergence of pricing
based on paper vs physical.
Quick analysis of our guesses (is this because we share a bias as stackers?) indicate that we were all overly optimistic regarding our predictions
(mirroring the reflection that things will often become worse than any can imagine)... yet not quite so bad as the most pessimistic among us had predicted.
Will this trend continue into 2016? I imagine so. Has anything changed in the fundamentals? No.
I'm not talking about the fundamentals of our rationale for stacking precious metals. That remains unchanged. And events are lining up to provide those
late to the game with excellent entry points. And long-timers the opportunities to lower our DCA
What I'm talking about when I propose that "the fundamentals haven't changed," is that, until the system breaks, TPTB will keep the markets fixed.
Those who push the prices down will continue to do so until physical scarcity (again) shoves premiums back up, leading to a final divergence of pricing
based on paper vs physical.