RE:RE:Simultaneous $$$ Smash and Gold Smash Defies logicOh dear, Arizona just certified a Biden win. Wisconsin will tomorrow. All disputes must end by December 8, and the Electors all nominated by the 14th. You might want a Plan B for your Spring plans Alaska old chum. DiaperDon looking a little done-in.
On gold, even with the late slide, November was yuge for equities, risk-on is in fashion. I agree gold should start to turn around ... subject to the behaviour of the dollar.
The large amounts of liquidity and bloated select asset values like select real estate markets, equities ... contrast pretty painfully with the large numbers of people really hurting financially from Covid - all over the developed world. They need help if we want them to be taxpayers and consumers again. Which means spending which means central banks will pour the gas on before they let deflation get an upper hand.
How big a dip first? Ya got me, it's a wait and see deal.
cg