Now that we have war why arent we seeing spikes PM,S ?

Iam stumped here asking this question, both GOLD and SILVER are barely treading
water and this being in a time of war. i have always been told that GOLD is based on fear mongering. the more people that basically unsafe where one button could end it all
several countries are now joining the US, if true Russia is giving satalite imaging to Iran and China may be supplying additional missles and drones so why are PM,S so lathargic
Amphibious assault ships are heading that way, can you say boots on ground.

 

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I'm not surprised that PM prices have flattened out, hopefully the prices don't go too far downward but if they do they'll come back up, it's just a matter of time. As far as the prices going down, it doesn't surprise me, I mean I've heard of war pumping up PM prices but I've never really noticed it in action.

 

IMO, As long as confidence remains high that all is under control metals and commodities will remain relatively subdued.

 

I guess will have to see how things go and what direction but as a collector of PM,S
either direction works if it goes down i will just buy more if it goes up will appreciate the stack i have now

 

I take it because China and Russia central banks were driving them up to put pressure on the USD, and now that Venezuela and Iran has massively changed their calculus. They are treading water waiting to see what happens.

If you look at Central Bank purchases, that explains a lot of runups and bottoms. The 1990s were so cheap because so many central banks were sellers into the market.