Interesting how the weekly close was a couple $ below the...

Interesting how the weekly close was a couple $ below the previous week, suggesting gold is turning down.
Flush out technical traders.
The fun and games are on in earnest.
Will see how tight the physical market gets pre-Christmas.
Andrew Maguire dives into the current spot, COT structure and this potential tightness.

On a broader note, this is a fantastic world-view and points out the current inflationary cycle is more akin to the 40's rather than the 70's.
In this respect I happen to agree as interest rates and debt are in similar alignment.