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RE: BOND MARKET: Something VERY Strange Is Going On Here. Have a L@@K. By Gregory Mannarino

in #money6 years ago

I'm buying PM's and mining stocks. That's about it. What you explained makes sense though. The big money has to go somewhere. They are just not panicked enough yet to move into PM's. Thanks!

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There is no PM's for big money to move into.

Sure, gold is $1290 right now if you are going into a coin shop and buying a few ounces.
But, if you are trying to buy a ton, the word is you are paying twice that and waiting some months.

The "apparent" liquidity of PM's is a carefully maintained illusion.