I've mentioned in the recent past how our broader markets seem to be expressing something akin to bipolar mental illness, and how this can be a sign of a market in search of direction, while building toward a strong breakout in one direction or the other.
Here's another interesting take of the state of the market(s).
"Going back to the beginning of 1900, there has never been another year where the DJIA's YTD return flipped between positive and negative more often. The prior record was 20 times which occurred both in 1934 and 1994. This year, it's only July and the DJIA has already eclipsed those levels." …Bespoke Investment Group
In other words, in nearly 115 years of market history, nothing comes near what we are now experiencing.
What does it mean? I'm thinking big changes are coming as we near the next national election cycle, and I'm betting these changes will take mining stocks much higher.
Yes, I've been buying LBSR lows of recent days, and will continue to do so. [No, that's not me at 10's of millions of shares today. I'm not getting filled.]
VP