Gold Investing 101
Once Again we see Who’s the Smart Money in Gold
Its the Gold Miner Stock Traders vs the Gold Futures Traders.
Gold is controlled by the Comex Futures Traders .
Gold Stocks are obviously controlled by Gold Stock Investors and Traders
Contrary to popular belief the Futures Traders are the Dumb Money
That’s why Gold Stocks invariably lead Gold
That’s why even though Gold has been resilient lately the Gold Stocks have been tepid.
They KNEW there was a Gold smack coming. They ALWAYS know .
Same thing happens going the other way. Often the Stocks take off but Gold just sits there dazed and confused.
Then it catches up …and the process begins anew.
Just the way it is