I would argue that you cannot have a super bull in pm’s because of the constant manipulation. They consistently destroy the momentum needed to sustain a super bull and therefore exhaust the buying prematurely. I agree that it was a strange way to end a super bull, that was the intent. It was an unnatural way for it to end. It has taken me 25 years to figure this out. 🙂
BTW, the same might be said for oil and gas. The difference being that oil stocks actually perform.
Rates down 3 bips this am.
Bitcoin is down 3%, under $60K
