GOLD 0.51% $1,391.7 gold futures

gold, page-93139

  1. 10,310 Posts.
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    i have actually figured out why stock markets are at record lows yet gold stocks even great producers are near all time lows, its because the powers that be, the big banks and big financial firms, they use that QE money to buy tech stocks NOT gold stocks, thats the only logical explanation, thats why here on the asx all these buy now pay later companies that are trading on a PE of 100+ and are barely making money are at record highs, yet top gold stocks that are making huge money are near their lows, its because the big instos that get the free QE money, dont use it to buy goldies, they use it to buy the rubbish that most sheep are buying like the FAANG stocks in the US or the buy now pay later stocks here.
    thats why i think, no matter how much QE they pump into the system, not much of that will ever pour into gold stocks, the powers that be dont want gold stocks to look good in front of the masses, just like they keep the real commodity down using naked paper shorting, they keep goldies down by now putting any of that QE cash into the gold sector.
    what other logical explanation is there??
 
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