Traders may be mistaken in giving up on gold and silver and could miss out on potential solid gains in those metals.
So, will folks spend the remaining weeks of the year winding down? Perhaps they don't want to press their bets?
Little changed on Wednesday as the chop-fest continued, but here's what I see happening with volatility.
We have a mispriced cross-asset opportunity in gold and silver.
There are pockets of strong momentum.
We've got other business to take stock of: Breadth, sentiment, new highs, and, don't tell the talking heads on TV, gold.
Bitcoin is still a market people prefer talking about rather than trading in, but the gains in 2020 are more legitimate than those in 2018.
Everyone wants to chase everything that has not moved yet, but not knowing why.
Two big shockers on Monday: We saw little fuss over GLD's decline and the vexing VIX move.
Gold and Silver may be boring compared to Bitcoin, but could it be that the forgotten ones could be the next to break higher?