Excellent post GWR......it's always darkest before the dawn. Capitulation is the last thing on my mind right now especially when the forces holding this sector down are about to show their impotence as we get released, throttle up and launched into orbit.
1979 comes to mind when I think of the potential this mining sector possesses......from September '79 to early '80 when silver/gold were jacked on uppers and mining shares followed suit with unprecedented percentage increases in such a short time frame.
Well, fast forward 28 years and the situation we're encountered in is comparable but instead the system is jacked on some new designer steriod with the outer membrane, that is holding everything together, is stretched to the limit and screaming to the highest ear piercing shrills that anyone could possibly endure before........BANG.....the fruition of what has been a belief in higher silver prices.
We should see a lot of bumps along the path but the destination should always be kept first and foremost and that destination is silver valued in reality rather then in some manipulated distortion. Hang tight, stand firm and keep your eyes on the prize.
KTF,
BD1