Loading ...As long as those idiot funds keep playing the PM futures to the long side like they are (recent record open interest), you are right, stocks will use the forced selling of PM futures at strategic times to propel higher.
Because who the hell needs gold when stocks are rising right.
And everything must be fine and dandy if gold is going down.
At least that’s what the bankers would have you believe.
And that’s the way the dominant algorithms are programmed — by the bankers
So ya, this could last well into next year.
Cheers