Carnage Imho, big money has taken a sizeable position in the Senior golds these pas few days. Create a panic and cover your tracks.
I see alot of talking heads of Gold touting the 1980 demise of Gold as it has some relevance to todays situation. However, how they connect the economics of then to now is beyond me. There not even close. High Interest rates killed the Gold back then.
All I see today is constantly rising prices with zero interest rates.
Lots of Spin out there for sure, typically why telegraph selling an asset and get a reduced price for yourself, unless of course...
The cure for low prices is low prices,