Suddenly the gold bugs are silent. The dollar bears, too. Remember, they all told us that massive central bank "money printing" was going to cause gold to go to $5,000 even $10,000 and ounce. That there would be inflation...even hyperinflation?
So what happened? Gold looks like death. Piece of shit.
And the dollar? Oh yeah, multi-year highs against just about every currency.
There is one thing that does concern me, however, and that is, when you start seeing pictures and commentary like this one (gold, death, etc) it might be time for a bounce. But other than a bounce, gold is crap.
