American Creek Resources Ltd V.AMK

The fluctuating POG - Same old story

[FastTrade]

In one of my recent posts i got on this subject as to why the price of gold is going up when it should be going down and visa versa.

All about the backwards reasoning currently influencing gold buying and selling of late.

As i was saying then and am saying now, mainstream investors have not gotten on the gold express as of yet only because they remain transfixed on the spoon fed - Fed narrative that inflation will be controlled.
Nevermind just how misplaced this reasoning is and will later be exposed as false hope when inflation explodes upwards .
That is a time where the Fed loses face on the inflation battle still yet to come. A time when mainstream investors and retail buyers blow the doors off the gold express in a panic.

-But for now, swing traders and shorts continue to rule the play on the price of gold, utilizing and playing on the reverse logic dominating every price swing.
-The buying and selling continues to take the legs out from under a sustained move up in the POG.

The latest CPI release for April again adds clarity to all of this in that the tiny .01% drop had gotten investors thinking inflation is still going down and then that perhaps the Fed could even cut rates sooner rather than later - but that could/would eventually add to inflation. Shorts and swing traders currently play the manufactured confusion.
The Fed talks in confusion out of both sides of their mouths , hawkish one minute dovish the next, leaving the balance hanging in a perpetual state of mystery with most particularly the mainstream.
The Fed keeps them oblivious to the looming financial crises that will later bring upward runaway inflation to the forefront.
Shorts and swing traders go on having a field day amidst the skewed logic thats currently driving the POG , hence the fluctuations/price swings.

Normal logic that drives the price of gold will return in force when the masses are returned to a normal mindset and understanding well out of the current grasp of corrupt Fed-speak.

Ii is the mainstream investor and retail buyer that can and will sustain an upward bull run on the POG with real legs. 
Shorts and swing traders be damnrd come then.

Just hold on tight, its coming.

[Stockmoves1]

I commend you on your insight Fasttrade .. well done and properly explained !!