Apple Gain HunterLivermore said, you'll never know if you win or lose if you don't place a bet. With the oil crisis, the dollar strengthening, inflation rising, and interest rate cuts decreasing, no matter who wins this battle, it won't be short-term. Precious metals are definitely going to fall, and everyone will run back to the dollar. So your view is correct, then why is your action the opposite? Even if you don't short precious metals, you should still cut your losses in time and get out, holding cash in hand. If it falls, you can come back to pick up the goods.$Tesla(TSLA.US)$Newmont(NEM.US)$Southern Copper(SCCO.US)$Pro Ultr Bloomberg Crude Oil(UCO.US)$Apple(AAPL.US)$NVIDIA(NVDA.US)@My Vitasoy Pudding is Frozen @Miracle Trader Cola @Mr. Z from Beijing
Gold didn't fall, but mining stocks fell so much
Two possibilities:
1. Mining stocks were wrongly sold off, a golden pit (impossible)
2. Big sellers don't approve of gold, believing gold will definitely plummet, so they collectively sold off gold mining stocks
Then we can deduce that gold will plummet
I really want to short gold but still don't dare. Let's lay out the logic first
This is actually the same logic as Ethereum rising while bmnr fell (which happened twice before), which is that big buyers no longer approve of Ethereum, using good news to sell off, dumping large orders onto arbitrageurs
$Newmont(NEM.US)$Barrick Mining(B.US)$Gold(IN00380.US)
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