Not until the idiot CME futures speculators puke up their longs…no. And then the bankers will cap any rally again.
So I don’t know why the hell everybody’s so bullish watching this crap every day.
I said it before — falling dollar — it doesn’t matter — India nukes Pakistan — it won’t matter — QE infinity — doesn’t matter.
None of it will matter until the geniuses that play the derivatives start buying real shares and bullion.
With this in mind, along with tax loss selling picking up…it’s no wonder you see this slippage every day.
No wonder at all.
Cheers