gold market Archives - munKNEE.com
Thursday , 25 February 2021

Tag Archives: gold market

Betting Against the Prevailing Consensus Builds Wealth – Here’s Today’s Prevailing Consensus (+2K Views)

If you want to make money long-term, you have to bet against the prevailing consensus of most financial experts. I have never seen such an overwhelming bullish consensus as there is today that the economy is going to do great, that gold is a sell, and that the stock market is going to go higher, and if you want to build speculative wealth, you have to bet against that.

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Irrationality Reigns In the Gold Market: What Is Going On?

I have no problem with corrections in general, as they are a healthy part of any bull market and provide a platform from the which the next upleg can spring but something is not quite right about the recent price action in precious metals as the markets have become increasingly divorced from reality over the past few months. Let’s look at some of the glaring contradictions and then discuss the implications.

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