the 'signs' that it was first running out of steam was when I sold my PMs. Will admit the PMs caught a 2nd wind after that and made their run to $2000..
But like in 2012 timeframe, July/Aug 2016, a lot of latecomers bit too late at the 'golden' apple...
and as I predicted, once the buying pauses, and the profit taking, panic selling commences, who's left to buy but folks that still believe all those 'nice sounding' reasons why gold and silver 'should just go up and up'...
and all those 'professionals' and 'gold bugs' that peddled their reasons and price projections for the PMs? Suspect some of them will be around the next go round, using the same 'justifications' that failed in 2011, 2016, 2020, et al... because in reality, they are just 'hopeful' thinking that sadly, so many fall for...