Another gold story “nobody is connecting” that somehow ends up on here.
Fort Knox audit drama, secret revaluation hints, $20,000 gold options, US Mint weird pricing… the whole package.
Look, gold is a hedge and central banks are buying it — fine. But this level of breathless dot-connecting to imply some imminent massive revaluation or moonshot feels like the same script we’ve seen for years.
Predictions keep getting bigger and timelines keep slipping.
I’ll get more excited when the track record of these dramatic forecasts actually delivers instead of just driving clicks and fear.
....Comex December gold calls update:
Yesterday the $6,000 and $8,000 strikes had unusual activity.
The $6,000 strike open interest increased by 817 contracts.
The $8,000 strike open interest increased by 1,660 contracts....
.....just a bunch of silly uninformed billionaires gambling I am sure....