“Gold and silver should be pushing onward and upward, both from a technical AND fundamental perspective. The only reason for this sudden coma in both price and open interest is a cartel lockdown.” AGREE
“As always the physical market will tell the tale as to whether it can be sustained.” DISAGREE
Germany buys gold for the first time in two decades. Home sales tumble despite low rates. Repo’s waaayy oversubscribed.
Technicals, fundamentals and the physical market don’t mean a damn thing as long as the paper rig continues.