Gold broke above recent Hi’s at 1296.50 this morning…popped to 1298.50 and then was immediately smashed back below 1296.50…this happens over 90 % of the time in PM’s….no real mkt trades like that.
Compare Bitcoins action, albeit on a bigger scale, that broke above 4900 ystdy and still running…no sudden unexplainable reversal, due to no scum.
So when some cretin like Kitco or Fartman dismisses the scum, this type of action proves they are talking bollox.