....you see more and more of these posts highlighting the gap between physical Gold price and gold stocks, yet nothing changes (gold stocks remain disproportionately lower in gains).
....does this sound like we still have EV growth but lithium stocks are not recognising it by going lower? (I addressed this in my EV/lithium thread)
....OR does the market know something we don't or we think we are smarter than the market?
....the market can't be this inefficient, can it?
....as I said, the gold price is driven by China buying of physical Gold. Western market participants are dumbfounded why it keeps going higher despite the Fed reducing the number of rate cuts...so most in Western markets are not buying the disconnect.
....obviously China is not buying gold stocks outside of China.
Let me express this another way. Look at the huge gap between the gold price and the HUI Gold bugs Index. HUI must be trading at a large discount to gold right?
https://x.com/GarrettGoggin/status/1779494210850177499
- Forums
- ASX - General
- Its Over
Its Over, page-21246
-
- There are more pages in this discussion • 2,405 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)