RE:gggggggggggggggggggggggggggggggggold !everyone including large investors came out in the media and told everyone they are done selling and sold huge amounts of gold. GLD has also seen a bit of adding recently telling us they are done. all the remaining gold is in strong hands. physical demand is still there.
It can only go one way. up. record shorts will need to cover.
Hedge funds fully bought the short gold story and most will be burned when margin calls hit.
As for US equities they are selling off on the Cisco news.
I have seen this all before when the media will calm you. elites will sell.
gold rush will be on soon. some media is already starting to spam buy gold story.
this could be a huge squeeze . even people that never bought gold before are buying.
weird gold euphoria. people like it.
maybe a set up by the elites as they have only been buying all the way down.