Mobeen Tahir, investment strategist at WisdomTree, says “what should’ve been smooth sailing for gold became the perfect storm for gold this year.”
Gold could see ‘Goldilocks conditions’ in 2023, strategist says
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For gosh sakes: check out JPM and its machinations in the paper gold market. Just crazy stuff and its not just spoofing. There is a reason JPM does what it does capping the price but still has accumulated so much Silver.
I’m staying away from silver and focusing on gold…I think the “silver always massively outperforms gold” trade will not materialize this time because silver is more an industrial metal (vs monetary metal) than it has ever been and as such the fundementals are not the same as gold.
It’s plausible gold could see high yields Q3-Q4 2023, but I think Q1-Q2 2024 could be even bigger.
I need the premiums to come back to earth before I buy any ,it’s total B.S that shops ,large clearing houses have over charged above spot in the near past .