just read an article where "institutional investors" say Go…
just read an article where "institutional investors" say Gold top is $3400 - how incompetent can these fake experts be? Fed unironically printing money like its going out of business & government spending increases. no ceiling on Gold - price to infinity!
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Some are incompetent, others are flat out lying to keep the status quo. Banks have been caught red handed manipulating PM markets over and over again. Look into gold price fixing. Look into gold futures and ratio of paper vs physical supply.
They know gold is a barometer for the trust investors have in the financial system. If gold breaks out people will jump ship and just opt out of fiat currencies. Can't let that happen! They've been manipulating PM prices for decades, it's well documented.
https://www.cftc.gov/PressRoom/PressReleases/pr7682-18
CFTC Orders Deutsche Bank to Pay $30 Million Penalty for Manipulation, Attempted Manipulation, and Spoofing In the Precious Metals Futures Markets
Yes that was over 2 years ago and the payment was cut by 90% for the 6 and a half years they manipulated the market. There were articles that pointed out that they made 100x-500x the fine eventually paid. White Collar crime "does pay"
Sometime in the next 3-4 years I will bet silver is $130 and gold is $6500 with the gold/silver ratio at 50. That is my 2¢