Loading ...I am hoping you are right .., that’s what I saw coming … and with the absolute washout in Comex open intertest (OI) numbers now at 2-year lows … one thing is for sure … even with the Chinese off next week … prices should stabilize soon. (barring an absolute drubbing in the broads, bonds, liquidity – even is so – expect a relatively fast recovery)
Metals Daily Exchange Volume & Open Interest – CME Group
Then you have the potential blow-ups in Comex, London, and in Shanghai next month due to rapidly evaporating physical, where only uninformed idiots are not sitting tight here.
Bitcon is not the ‘thing’ you never sell … physical PMs are … any donkey (except Saylor) knows that … at least until a new and proper currency system is established. (these new tokens and CBDCs are not that – just more of the same on steroids)
Cheers all