PAINT DRYING
NOTICE THAT FOR THE LAST FEW WEEKS AT LEAST WHEREVER STOCKS METALS AND EVERYTHING REALLY….OPEN…THEY STAY IN A VERY TIGHT RANGE ALL DAY…LITTLE TO NO MOVEMENT….THIS AINT NORMAL
NOTICE THAT FOR THE LAST FEW WEEKS AT LEAST WHEREVER STOCKS METALS AND EVERYTHING REALLY….OPEN…THEY STAY IN A VERY TIGHT RANGE ALL DAY…LITTLE TO NO MOVEMENT….THIS AINT NORMAL
Completely Agree!!
Being a PM focused investor is not for the faint of heart!
Its certainly giving me pause given what was supposed to happen “next” several times now.
The fact that POG “dipped instead of skyrocketed” during high velocity geopolitical tension was counter narrative. If it didn’t jump during last 2 months of pure chaos and war NOR when inflation was literally driving prices higher daily — then what will cause it to make the kind of move that experts have been predicting?
The US “may or may not” pull the trigger on a POG revaluation — but the benefits to China are also YUGE and the US is doing OK without it…….
Well well well – timely — Barclays sees gold pullback as ‘reset’, keeps bullish outlook
https://www.mining.com/barclays-sees-gold-pullback-as-reset-keeps-bullish-outlook/?
Central banks are sending their strongest gold signal on record. A record 45% plan to buy more over the next year. Only 1% expect to hold less. And 74% expect the dollar’s share of reserves to keep falling.
Those are the findings of the @GOLDCOUNCIL’s survey, published today.
Western funds sold gold into this spring’s correction. The official sector used it to keep accumulating, and says it is not done.
https://x.com/IGWTreport/status/2066922599360401653