Markets are riggedThis market is so rigged that the algos wont continue their push upwards of miners with the gold price up. It is so discouraging to see the illogic and rampant corruption in stocks. Its surreal and unatttainable wealth. Why do you think 95% of day traders lose when its a 50-50 up or down proposition. Because the algos destroy small investor logic such as today, miners should go up with gold up as one would expect but no its the miners going down. Those algo programs are illegal in my view and 95% of traders will lose money even though it should be more 50 -50. and dont give me the bullshit about commissions of $5 causing this. It is a concerted effort by few big programmers and it pisses me off as hell. This has been going on for years.
Last time gold was at this price in april 2020 Barrack was up more that 50% more and other gold stocks too. The algos think we think like that and their studies show that going for a such higher price twice will be programmed to fail. So discouraging.