Loading ...By the looks of the gold chart, it looks like the banks or gov’ts bash it down first, then they and other physical buyers, buy it cheaper and drive it back up. Three days in a row.
https://finviz.com/futures_charts.ashx?t=METALS&p=h
Besides that, in my view, Gold is going to blow thru $2100, soon, and never look back. Probably never see below $2000 again.
Also the miners have totally underperformed Gold prices and are way way under valued. Compared to earnings and the value of their real estate with under ground Gold gaining value.