Loading ...NOTHING has changed as far as structural imbalances, massive deficits, shortages of the metals etc…. The scum are pushing the PERCEPTION that things have changed, and that Gold and Silver are in no way a safe haven asset! We’ve seen this playbook countless times!
Yes, short term pain. But I firmly believe that we go a lot higher from here…… FWIW.
If the PM shares do have a tendency to lead the metals, I’ll be watching to see if the shares start to wash out here, recalibrate, and hopefully start to recover. WASH, RINSE, REPEAT! I feel like we’ve all seen this movie a thousand times before!