They are shaking as many out as possibleWith their paper selling today, there really is no reason that I can think of for gold too go through the
floor this much , in fact it should be up.
Its the likes of JP Morgan and the other paper tiger selling the futures , and bitcoin is attracting the MOMO players for the last while. especially over the course of the last few weeks.
Yields up supposed too imply inflation, which is good for gold.
biden says first order of business is $2000 per person or household plus talk of 43 Trillion in infastructure spend.
so its kinda makes a person figure other then sneeky manipulation what spooked the sector .
COVID???? And why now and not before, its stranger then fiction for sure.
Also here with the shareprice being what it is this morning, its RSI is SUB 30 (28.5) is actually oversold here.