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What’s up with gold? Why is it lagging?

Summary:
Producer selling, but that doesn't mean longer bull move is over. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman

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Producer selling, but that doesn't mean longer bull move is over.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

17 comments

  1. Twowheelsplusengine

    Keep up the good work Mike. You are a gem..Keep shining mate.

  2. AABB making gold backed crypto coin ?

  3. Go Mike!!?

  4. 13:43 I love that. Do you love me? ?? ??❤️

  5. Yahoo Finance said that Buffett sold his gold shares because of the gold chart cross of death. What does that mean?

  6. were does you money go when you buy bitcoin? What does it do when it gets there? The bank accepts my deposit, and loans it out, or buys securities. What is happening with the bitcoin deposits. Or am I simply buying someone else's bitcoin, so I am the latest bag holder paying a higher price to the seller, and now hoping a bigger fool comes along and buys a bag of nothing from me for a higher price. Not trying to be negative about the bitcoin, but it seems they turned a low-cost online payment system into an "empty" asset class for bag holders. The last guy out looks in the bag and finds out it was empty the entire time?

  7. Mike – how is the move in BTC reflective of a move away from the dollar but gold is consolidating? There a 4-year cycle in BTC as a function of the halving events every 4-years and we are presently in the bull phase of that cycle. I'm disappointed you don't ever mention the manipulation in the gold market.

  8. Mike seriously you should think about running for president. You're smart articulate. A president who is an actual economist probably a pretty good thing wouldn't you think

  9. When it comes to cryptocurrency mostly Bitcoin at the moment, there are always two sides; as some people will want the price to fall to its lower dip for them to buy cheap, while others will hold and wait till it skyrocket for them to sell off, but I really see all this so pointless if it can't yield great result or grow a very strong portfolio. It's clear now that the halving is not what we all imagined and expected initially but the good thing for me was that I did not put all my faith in it as I so much believe in day trading and was able to grow a very strong portfolio. However this I have been doing since the last bear market with Mrs Charlotte Stockton strategy and daily signals which have proven to be very effective, accurate, and profitable. Last month I was able to grow a total of 7BTC having traded with my initial 2BTC with Mrs Charlotte's daily strategies which you would agree is a very good profit. My advice is for everyone to make use of such signals/strategy so as to grow a very strong portfolio ahead of halving coming soon, Mrs. Charlotte can be reached via mail on charlottesignal12@yahoo.com and WhatsApp on >> + 4 4 7 5 2 0 6 3 3 2 7 3 << for inquiries into profitable trading systems

    • I have been a member for several years now and it seems impossible to me to trade without your services. Mrs Charlotte Stockton of absolute rigour, has to be followed in order to close very rare negative days. Thank you.

    • I am really satisfied with your performances.Winning positions and very well calibrated. Excellent, your service is the best one on the market at the moment I wish I had known you before…

    • I have been testing your Premium services for almost a month now, the calls are excellent. Your service is at the same time efficient and original, I will certainly renew my subscription.

    • I can’t believe it! I’m only 30 years old and I’m a fan of trading since I’m a kid. I read many books and lost a lot of money Then I found out about Mrs Charlotte's Strategy At first I was a bit curious and rather sceptical. I used silver package and I was quickly convinced,

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  10. soon the lid will be off of gold … and silver will launch

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