Loading ...I don’t think they are so scared but going with the trend. The trend is SM making new highs over and over. Since people are drawn to even numbers per say I heard them this morning looking for Dow to host 25.. next. Gold is quietly moving up. Many stocks showing RHS patterns but will they hold. Hard to trust stocks that dilute or sell shares to pay their bills. No confidence in that. People don’t invest and say here lose my money. You can’t even hedge by shorting because it’s moving up but collectively PM shares aren’t reflecting that just yet.
Still people have memories of how bull markets didn’t end well. Even SM investors are position trading stocks. I wonder if that’s one of the reasons they’re calling it the most hated bull market in history. People sell their target price and it keeps going up lol
Crypto getting hit on Korea threading to shut them down. Wonder if there is a present inverse relationship with PMs right now. Might want to invest in energy companies serving the Bitcoin miners lol
As far as the dollar and Sinclair it really only effects the US. If other currency’s go up as a result it would drive their PM price down. To create a real bull market it needs to be global.
Farmboy
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