Well I guess conventional wisdom would say that pm’s would go up because of the amount of currency being printed around the world which should devalue the worth of the currency right compared not only to gold but to most real goods right? Think Weimar Germany.
It’s a confidence game and the money printers seem to be winning.
Manipulation of the paper pm markets cannot be ignored because they completely ignore supply and demand. That being said, I’ve ignored it and it has cost me bigly. 🙁
USD is starting to drop in earnest now.