“Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an identity crisis around gold as they couldn’t decide whether gold is a risk-on trade or whether it should be the ultimate reserve currency.”
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“Gold and silver are finally acting in the manner they should be again.”
What BS. Your precious hunk of yellow wasn’t doing what you thought it should be doing and all currencies weren’t going to zero, so somehow the markets were wrong. And now they are starting to do the right thing because they are doing what you want them to do?
Or maybe, just maybe, commodities were saying “no QE” for months on end and you didn’t listen to them signalling a massive global self off, which is EXACTLY WHAT HAPPENED.
But don’t let facts stand in your way of your beliefs. You sat and suffered through massive draw downs so eventually you could say “look I’m right!” What a plan!