Try not to apply 'logic' to the markets.
If markets were logical everyone would be wealthy.
The 'tone' of some gold bull posts suggests they are starting to waver.
Next will be capitulation.
The markets have done a stunning job of destroying the resolve of many gold bulls.
This massive rally off the March lows has decimated many,many bears.(and left gold bulls gutted)
Sitting there in under performing gold stocks whilst the market runs ever higher is the final straw for most.
It is fascinating to watch how the market destroys anyone who weds themselves to a position.
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