Well,, I have no idea who is pounding the gold/PMs table. I visit 2 public sites plus a private group I work with. Ya I live like a hermit.
PMs for me is one of the easiest sectors to trade. Since I thrive on s/t pivot work they fit my style.
I’ll add that I see the next several months as a traders market and bigger picture the 2011 highs are formidable.
To your question, the Readers Digest version,,,,, my answer is two fold.
Gold traders have the longest range of vision when it comes to being forward thinking. Interest rate increases are likely but gold traders see past them.
Another issue, when market weakness hits, ,,usually,,,, bonds are the safe money trade. But this has changed some the past several months and IMO will continue to be the case, most of the time.
Just took a slice home from last weeks buy
Jim
NO time for whiners and trolls!
