Correlations seem broken this week and all the gold and silver bugs are half in disbelief that gold is making new ATHs everyday and half celebrating that this is exactly what they have been waiting for for the past couple decades (lol).
Correlations seem to be breaking so do you all have any theories/predictions?
I have my theories: debt monetization risk and geopolitical risk. but also of note is that china is buying tons of gold and the shanghai exchange may free gold to trade at it’s “real value” if all the gold and silver fanatics have been right about manipulation this whole time. And gold reaching or overshooting historic ratios to the M2 money supply makes the world an entirely different place overnight.
