Gold and Silver have one up day and Gold bugs celebrate thinking the down trend for Gold is over. After just one up day Gold & Silver have resumed their down trend and they are going much lower.
Gold bugs need to be reminded Gold in AUD has already fallen $650 from its peak and Silver $7 AUD ... doesn't look too good does it? The world economy is waking up from the Covid shutdowns. The Gold pumpers & scammers are pushing gullible investors to buy Gold & Silver by using the scaremongering inflation scenario just like they did after 2011 and we all know how wrong they were then and will be again.
I expect Gold and Silver will fall as much again (Silver by more) and investing in Gold stocks is throwing money away. .
