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Gold & Tech: How The Whales Trick The Retail Plankton
['Tyler Durden']
ZeroHedge News
Another Classic Tech Pump-n-DumpTake, for example, the recent headlines from the tech sector in general and the AI rabbit hole in particular.
Same Tricks, Different AssetBut again, this magic trick of blinding the plankton with hype/fear while the insider whales feast is nothing new.
This explains why central banks now hold more physical gold than USTs.
This equally explains why central bank gold stacking has increased by 5X since Biden weaponized the USD in 2022.
As usual, the whales are quietly stacking precious metals in a self-made fire-sale while the retail plankton decry current price volatility as if gold were just another tech stock.