Gold price sinks againOne month to reach a gold price of $1850. 2 days to wipe out all of January's gains. The market is brutal. I read/watched over 2 dozen talking heads explain over the last 2 months how it was going to be gold's time to shine and rising rates would start the ball rolling. I thought we were going to break out once we hit 1850. That rising rates would cause volatility and the flow of money would come back into gold. I don't see any other sector going up so gold is not benefiting from this narrative.
Just when you thought the talking heads had it figured out.