from Deviant Investor:
“Beam me up, Scotty!”
“I can’t Captain, the signal is weak and there is too much noise.” (My apologies to you Trekkies….)
That conversation (which did not happen) describes the problem with the silver and gold markets now. There is so much noise, false information and lack of clarity – and not enough signal – real data and understanding.
The big banks put out “advisories” that silver (and gold) will make new lows, and subsequently cover their shorts or add to their long positions. All noise!