from King World News
As we kickoff the last few trading days of 2020, the next leg of the silver bull is just getting started. Expect a boom in silver demand in 2021.
December 28 (King World News) – Peter Boockvar: According to the Citi Panic/Euphoria index, sentiment cooled a bit week-over-week with it falling from the record high of 1.65 to 1.44. Again, anything above .40 is considered in euphoria land.
[…] We know that a variety of metrics have indicated an ebullient mood and inherent in that is the reflection of a lot of good news being discounted, the vaccine being the most important and now another almost $1 Trillion of government spending. After a stunning market rally in November, this ebullience has resulted in a needed consolidation so far this month. Three weeks ago the SPX closed at 3691 and Thursday it closed at 3703. Digestion.