RE:Sleeping like a baby!Gold stocks down yet gold is up $20 from yesterday.
Yes it will go up BTO - but I find strange that between 2016 and 2019 the price of gold was arround $1300.
That is $600 lower than today. Bto was rhen at this price.
Plus oil costs which a major cost component was in the general area of $60 between 2016 and 2019 , this is the area we are in today.
Finally the US dollar was around .95 now it is over 1 dollar.
YET all gold stocks are hunned and super shorted. Is it the US government ?
Imagine if gold went down to $1700 - oil stocks would go down by %50 .
Who is doing this?
Please explain, because this is so strange I never see this.ALL factors say stocks should be up like the Dow today,