Respectfully I'm trying to have an objective discussion and thank you for your response. Skol and Donald F are on the opposite extreme, they already know the truths.
Your point about gold miners is not what I'm trying to discuss because it involves more that just the gold price such as type of gold deposit, grade and of course size of deposit. In addition, I'm hoping AUD is once again doing the heavy lifting.
Do you find it odd that the gold crowd so I don't denigrate anyone keeps banging on about unsustainable yield chasing equities, useless USD but yet Powell's reappointment slammed gold through his more hawkish stance on monetary policy but the equity was just a minute blip and kept rallying.
There is going to be a massive equity rally and some social media with big following folks thinks gold will go apesheet in lock step. I like to believe this prediction but struggle to make my case for it though.
Bitcoin has broken that support and if history is to be believed, it will sink back down before going apesheet up again.