Good morning.
Gold and Silver:
We notice a complete lack of Metals research out there again, and say with confidence this is due to the new-found interest in BTC. New MSM content is also extolling BTC again
Implications:
You will see selling in Gold as media convinces retail investors to sell it and buy btc instead. That ended in a disaster last year… But it does not stop them from sheering sheep again. 1
Do not be surprised if due to the incoming BTC flows Gold gets forgotten. Second, we are in the investment “shoulder” season, between buy/sell season. Anything goes here. On balance, now is the time to be patient if you are bullish.