Loading ...Gold never hit $2150, nor has it been above $2100.
Careful patting yourself on the back for correct calls, the pm market makes fools of market mavens because it’s a rigged market. Don’t be so sure they won’t take it back below $2K either, they always take this stuff lower than anyone thinks possible. The banksters have a lot of paper shorts on the table now and they will make money on them, they always do.
I disagree about silver, at least where the shares are concerned. Silver tracks the HUI better than gold and it always has.
Silver is kept in the tank because of its industrial uses, to keep tech widgets cheap. Supply and demand are meaningless. Foreign demand for gold is also meaningless. Paper has always controlled the price of both metals.
I am not by any means hoping that the metals go down, nor am I patting myself on the back for saying we’d give yesterday’s gains back today. We just always do.
This is a sucker’s game and goldbugs are the marks.
I’ll crawl back in my hole now.