Gold and Silver Post Steepest Drops in Years as Rally Cools
Bloomberg Televisionยท2025-10-21 18:16
You're supposed to be selling when they're yelling. And the yelling in gold is not the most extreme it's been since 1979. So you nail that.Nailed it. Yeah, it's right now it's just a little bit of profit taking, but it's what's happening in gold that's very disconcerting. As of yesterday, it was up 66% in the year.That put it among the top four of the last 100 years with only 1979, 73 and 74 ahead of it. So it's very expensive. The same time, crude oil was down about 20%.That disparity around 86% has never ...