Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.44

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Nov 10 4:00 PM EST

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Hawkmoon

Mevis

To: Gary105 who wrote (152969)	1/28/2021 11:28:33 AM
From: GROUND ZERO™	2 Recommendations Read Replies (3) of 218674

Too many traders are still calling the precious metals the buy of the year right now... As long as that happens, the precious metals aren't going anywhere... In fact, my crazy theory is that the precious metals are in a perpetual bear market and all rallies are bear bounces... so far, this is proving to be the case... Gold is only attractive when people fear the collapse of banks... the FED is not going to let the banks collapse... I also suspect the FED (and the global central banks) manipulates the price of gold to keep it down, they don't want a run on the banks... Just my hunch... GZ

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