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Easy Periods Follow Difficult Periods

September 18, 2023

In markets, easy phases, or easy periods, follow difficult periods, and difficult periods follow easy periods. If you are emotionally incapable of understanding and using this principle, it's going to be really difficult for you to make money, or ride trends when they appear. So let me give you some examples here, and I'm going to apply this to metals in just a minute.

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The 1849 Gold Rush sped up California's admission to the Union as the 31st state in that year.
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