Dana Samuelson: Surviving The Great Debasement
Markets are being bullied. Dana Samuelson has 45 years of front-line experience, and he agrees: manipulation (shenanigans) abound. This creates both aggravation and opportunities for the alert investor.
Source: Peak Prosperity
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DW NOTE
Samuelson blames dollar strength and higher yields for gold's weakness since "the Iran war started." The Strait of Hormuz has been shut for 224 days. Oil hit $104 Brent. Gold is down 20.7% from its peak at $4,219. If that's what weak looks like during a seven-month energy chokepoint, the manipulation thesis doesn't need defending — it confesses.