@bluegirl

The 1980 Scenario Is Back: Gold and Silver Enter a Frenzy Is a 50% Drop Ahead? Gold and silver have surged sharply in recent weeks showing a parabolic move that has many analysts warning of hype and speculation. Technical indicators suggest momentum is overheated, raising both hopes for a continuing bull supercycle and fears of a major correction. At the same time macro factors like distrust in fiat currencies growing debt, and loose monetary policy are fueling the rally. While the long term trend remains bullish rising volatility signals the market is at a critical point between further upside mania and a temporary pullback.

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