You may have listened to Eric Sprott in the previous post. He makes some very good points about the situation the Federal Reserve, the leveraged financial system and the precious metals find themselves in. I think he makes some great points in fact.
Balancing the view is this piece I just found on SeekingAlpha, which sends a daily digest on macro market commentary.
Personally, I might like to label this as trend following seeking to rationalize and be in alignment with a 1.5 year (and counting) period of correction/consolidation that the metal has been caught up in. But I might also like to have an open mind as to all rational views.Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart/trade ideas or the free eLetter for an introduction to our work. Support free quality content; please disable AdBlock on Biiwii.com... and thank you! Add to SocialTrade