I believe big money moves a market. I don't have to be smarter then them, I just have to be on the same side, whatever their goal or sentiment is.
sometimes what you see is not what really happens.so we are close to a war and oil consumption blows but prices doesnt care? think about.
Some days there is more cash sloshing around than on other days? This might go hand in hand with big money / cartel theory.
So oil price is dropping while the generals are preparing for war? Doesn't add up in my tiny brain. However production is increasing, so yes, I can see this. But we are sidetracking.
just an opinion to explain about gold question.Im not watching a bullish gold, but whatever opinions about maybe wont be realized at short term.
The link to the marketwatch thing was an example where Hulbert explains that sentiment drives the price of gold. And my observation price does what we least expect in general terms.