Gold and silver WARNING: The selling is not over - KITCO
Gold and silver WARNING: The selling is not over - KITCO
Source: KITCO
―
DW NOTE
KITCO warns precious metals have further to fall — and the year-to-date chart agrees. Gold is down 22% from its January high of $5,318; silver has halved from $115 to $60. Meanwhile the S&P sits at 7,575, up 21% annually, and the VIX has collapsed to 15. When equities rally this hard and volatility dies, the monetary panic trade unwinds. The question is whether $4,129 gold still prices in any geopolitical risk premium, or whether the ceasefire collapse this week gets ignored entirely.