Today, and since this bull market began in 2001, fear has been the dominant emotion connected to it. Fear that comes from looking at governments going into massive debt around the world and with no real plans ever to get out of it. Fear that comes from a possible currency collapse, on a global scale. Fear that the only superpower, the U.S., has lost control of its finances and its future. And fear that we are all going into a dangerous new world.
But at some point, as the prices for gold and silver keep rising, fear will be replaced by greed.
The average person's biggest fear will be that he or she will be left behind if they don't buy. And they'll be buying at prices far higher than those prevailing today. Just you wait and see.
At some point in the future, it'll be those newly minted "true believers" that will be the most angry if and when I share my view that the great bull market may be over. However, we are far from that time now.
Good investing,
Capitalist Tools
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