There’s a lot to be said about a man, such as myself, who is malleable to the point of maddening flexibility. One minute I am a gold insect, the next I am this sort of lunatic selling short the metal. I am, after it’s all said and done, a slave to the trends.
We do not have an accommodative tape for gold presently. The metal has shined wonderfully the past year, but is now BOGGED down in a sideways pattern that is bound to shake out weak kneed faggots. As such, you might see a divergence between the metal and the miners, with the latter getting smacked cold, as rates reflate upwards.
There is a good correlation between rates and gold. You might not be paying close attention, but I am.
That being said, and until further instruction: fuck gold.If you enjoy the content at iBankCoin, please follow us on Twitter