For those wondering why gold was able to breach all-time highs... but miners & silver haven't?
Easy answer, capital flows haven't shifted yet (as defined by gold vs spx).
Note, they have broken out for ppi vs spx, which has always led to a subsequent breakout for gold vs spx.
Easy answer, capital flows haven't shifted yet (as defined by gold vs spx).
Note, they have broken out for ppi vs spx, which has always led to a subsequent breakout for gold vs spx.
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