Plunger (aka Burt Coons)

Plunger (aka Burt Coons) Articles

It appears the great gold bear of 2011-2016 has now ended. Mr Bear has now completed his work of cleaning up all the garbage and malinvestment created by reckless management teams over the past 15 years.
That’s where it appears we are now, the final drive to the bottom. Rambus’ weekend charts still show how bearish the PM charts are and it will take a lot of work to turn them around and get them pointed back up, Having said that I see the...
Over 2 years ago I presented my first analysis of this precious metals bear market. After extensive study of the characteristics of past bear markets, I forecast a brutal bear market that would undergo three psychological stages. The third...
Let’s step back and take a look at where we are and eyeball a few charts. I think one needs to resolve the key question with oneself. Are we in a new bull market or has this been yet another BMR within a big bad bear market that has not...
We ended our last essay, entitled “Apocalypse Now “ with the question has your market guru been advising you to buy all the way down from the highs of 2011? If so, don’t you think it’s time to reexamine your premise. Well, if you have...
In part I, Phase III-Dead Ahead, we established the macro case for the final phase of the gold stock bear market. As the bear market progresses the economies key constraint remains the level of debt, specifically the size and composition...
The current decline in precious metals will not be complete until it passes through all three phases of a bear market. This is the conclusion I have mapped out in previous essays. The PM bear market began in 2011 and declined steadily...

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Minting of gold in the U.S. stopped in 1933, during the Great Depression.