first majestic silver

Gold FOMO

April 1, 2024

First off, we've got a major breakout above 2090. I am still seeing a lot of people trying to find reasons to doubt the breakout, looking for tops around every corner. I think you need to do the opposite. I think you need to try and find reasons to be bullish and the last thing you want to do on a major breakout like this is try and pick a top too early.

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.
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