as I have already written I dont know how many times , this is a sector wide issue that's entirely about sentiment and psychology . Regular forms of TA dont work when assessing mass psychology. When analysts go short because they see an opportunity to take profit they do and then paint the picture on the forums that Joe Bloggs reads but do none of their own DD. If Joe Bloggs is about to thrown in the towell that generally indicates a bottom is in. Read the sentiment of posts here. Doubt is built in. Check Chaikin money flow.
Inflation is only ever monetary, and there is a cause and effect balance that will become evident in all shares
I posted a link to astrocycle.net months ago where there are illustrations of all the current market and commodity cycles with trends plotted.
Gold in the current cycle, and to match the wave rise to 1980 is still going IMO, but while analysts are bearish (own benefit) a % of people will sit on the side waiting to see while others will take advantage of low prices. Some analysts/groups trade silver with gold and have no clue as to the differing fundamentals.
Re ECU, there are comments and arguments on stockhouse which are invalid but nobody is challenging. Unfortunately I have family in hospital at the moment , so unable to post regularly.