Loading ...Although this discussion is better with bullion, yes because it takes share supply off the market. The problem with shares is the people who manage them have done (and will do) a terrible job a la dilution. Some manage the company for shareholders, but not many. Most are managed for the principals, you know, their stock option plans, unjustified salaries, and the perks (condos, jets, etc.).
The ETF’s are worse, because they promote rank speculation and use of derivatives that fuel the machines. So you can act on a bullish signal, but you are not taking any supply off the market. What’s more supply is unlimited.
So if you want the clusterfuck to continue…just keep playing the derivatives.
Gata go.
Cheers