Gold Screaming Deflationary Collapse

You can tell me this time is different, but it looks the same to me. If the pattern proceeds as it did in 2011, inflation is going to die so suddenly you'd think it was vaxxed.

Gold miners are retracing the 2020 surge now.

Depending on how long gold bulls have held mining shares, there's either some strong support about 10 percent lower from here, or there arleady is no support if most longs came in after the summer of 2019 when the Fed ignited the gold market with its repo aka stealth QE program.