Loading ...Dream all you want.
Because of the rig and the fact idiot market players have fallen for the hoax…i.e. buying fake precious metals instead of the real McCoy…this condition will be with us for a very long time. The only way precious metals can rally is if the idiot paper/digital players get bearish and start betting that way in the derivatives markets.
When is the last time you ever heard one of the yocals talk about buying puts on SLV or GDX?
Answer: Never. And you never will because of the ‘fundamentals’.
Only one problem. The computers don’t give a fig about the fundamentals because they are programmed to exploit the idiots buying the PM ETF/stock calls.
So unfortunately, PM’s are now nothing more than the status’s quo’s whipping boy in spades…where the only way they will ever go anywhere except in the toilet is if the speculators start thinking deflation — or in the end game — which might look like Mad Max if Venezuela is any indication.
We got inflation all right…but because of the rig…it all goes into the stock market because the speculators there are always bearish…and betting short. (think short squeeze)
This is why stocks can go higher.
Cheers