It's not 'know thyself' Martis, it's 'ask thyself''.
Why has gold declined 36% in the last 5 years?
Why is the DJIA and many sharemarkets at or near records?
Why have your predictions been so horribly wrong?
The stock market is like a glimpse into the future, punters have confidence that, in general, all is well, nothing's ever perfect, but it's not bad.
The VIX, the fear gauge is near its lows, so investors aren't expecting any surprises for the next 30 days.
We're not running out of gold, the US recovery is on track, albeit somewhat slower than everyone would like, the USA is very close to full employment, many countries are experiencing unprecedented booms, earnings aren't bad, USD cash has climbed and indeed thrashed gold, tourism in the USA is booming, airlines are making record profits, existing house sales are up, oil prices are down, the USA is the World's biggest oil producer, US car sales are the best in 16 years in March, gold production is at record highs, US property values are up, etc.etc etc.
Does that sound like the kind of data that's gonna send gold to the nearest planet?
Ask thyself!
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