Loading ...I think it will be a lot more interesting when idiot speculators / hedgers figure out precious metal ETF calls (on GLD, SLV, GDX, GDXJ, NUGT, JUNG, ETC) are not a hedge against ‘financial market chaos’ — but guaranteed fraud.
Perhaps they will get a good lesson in this respect in coming days.
Then precious metals will be able to rise once they stop their idiot gambling behaviors because they won’t be exploited by the bankers machines.
We can only hope.
Cheers