The talking heads on TV are discouraging buying gold. But how many times have they been wrong or buy things while telling other people not to or selling while telling people to buy. When gold does go up I’ll have no doubt they will be telling people after the fact to buy while their selling at the next target.
Sometimes it’s one of those things that when even fundamentally data is good what it comes down to in the masses is what people perceive that moves the markets and just another form of institutional manipulation with talking heads.
Maddog
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