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There has been some discussion on hotcopper about gold needing...

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    There has been some discussion on hotcopper about gold needing to go up. Here is an interesting article on the current gold/inflation disconnect:

    https://thebull.com.au/gold-inflation-disconnect/

    EXTRACT (EMPHASIS ADDED)

    "Gold should be soaring with red-hot inflation raging, but instead it is breaking down. This history-defying disconnect has devastated sentiment, leaving this leading traditional inflation hedge despised. Traders need to realize gold’s bizarre decoupling from all precedent is an extreme anomaly that will prove short-lived. It has been driven by a parabolic US-dollar surge fueling unsustainable heavy gold-futures selling.

    As a professional speculator and financial-newsletter writer for the past 23 years, I’m deeply immersed in the markets. I eat, breathe, and sleep trading, watching and analyzing market action all day every day. In such a long span of time, I’ve seen plenty of irrational episodes where prices temporarily disconnect from reality. But recent months’ serious gold weakness may take the cake as the most absurd I’ve witnessed!"

 
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