Generally I think the miners lead gold.. this run gold has lead the miners & the miners (GDX/GDXJ) are nowhere near their historic highs like POG...
But the markets are upside down so anything is possible.
what’s their target ? US $1,850 or $1,800?
All I know is the POG always gets smashed the week leading into FOMC meeting.
I suspect it will be monkey hammered into FOMC then rise back afterwards...
This is nothing new to gold investors.
sitting pretty on good profits while they play their games.
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