frank Guistra was saying yesterday there is a disconnect between the gold price and the miners and he dunno why.
i will tell him why.
1-between the gold actual price and the miners there is a lag. gold kicks in first and then miners will follow. play catch up if you will.
2-the money went to Crypto once again the millionaires vacuum. where all the trying be rich get sucked in, one way may be with some return.
3-Jp Morgan started putting their 2c worth valuation on bitcoin supposed to be "fools digital gold''. basically scaring and manipulating the herd.
4- once shit hits the roof all the punters will seek shelter. in safe haven GOLD cz in GOLD we trust.
IMMO
If Hawkes not buying … they may be selling later this year, page-12
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