It’s also driven largely by POMO ‘investments’ and the PPT, which saves the day just about every day there is a fall.
The DJIA is a joke of a bubble just waiting to pop.
The huge bullion bankers had a short on the price of gold so they caused the price of gold to collapse recently. So they made a fortune.
With the price down, I’m sure they turned around and snapped up lots of physical at the low prices.
The rich and powerful are running things and ruining things.
All we can do is heed my tag line.
You are most certainly correct.