The entire PM mining sector is at the bottom. XAU at 200, HUI at 520, HUI:Gold ratio lower than ever.

Meanwhile net earnings of the PM miners are booming.

Can the algorithms get us even lower? They like to bluff, we know that. They think they are doing God's work. Does God know about it?

So many questions, so few regulators.

And now the fear mongers get out to tell us the S&P will collapse. No need to IMO, because the dollar will do the work for the S&P. Even a slightly rising S&P in combination with high inflation will take away the remaining purchasing power of those that own the S&P. All that cash on the sidelines will jump in as soon as the S&P gets below 1000.