Certainly the table appears to be set for the pm bears when it comes to gold, silver and the shares.
COT’s are unbelievably bearish when it comes to gold and silver. The fact that the HUI didn’t even eclipse the highs from 2016 is pretty concerning. Almost reminds me of 2011 when gold made new highs, but the HUI did not.
Pretty concerning.
Not sure if I hope all those folks hoping for war with Iran and the end of days get what the are hoping for, but it’s definitely out of our control. They all gotta do what they gotta do. I’d like to see my kids live to see a better world, but I have my doubts.