I gave up on the paper markets years ago when I realized the TOTALITY of the control at all levels. I am amused by all the pundits calls for a gold bull market. It is all controlled and inextricably entwined with the US Dollar and FED control, and that control will never be relinquished… until the dollar collapses and maybe the FED too. I hold no paper, and I don’t play in the markets. Even if you had a paper ‘win’ in a market collapse, you would never be allowed to ‘cash out’.
My savings are in physical. If I have excess cash, I buy more. If I have need for some liquidity, I may cash in some physical.
What I do not understand is the amount of HOPIUM that all the market players have. The manipulation is ‘in-your-face’, and still the crazy ‘investors’ think they can beat the manipulators. This is a giant carnival sideshow, and ALL the games are rigged for the house. Why bother to play??
Insanity… repeating the same mistake over and over and expecting different results ‘this time’. Hahahahahaha.
BTW- I just got a new Icom IC-7300. Fall discounts brought it in for less than an ounce! Fabulous digital technology.