The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
YEAR-END GOLD SEASONALITY
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YEAR-END GOLD SEASONALITY

The 'tourist is fading the pessimism

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Kevin Muir
Dec 15, 2021
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The MacroTourist
The MacroTourist
YEAR-END GOLD SEASONALITY
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I can’t think of a trade that’s more hated than gold. It’s Julio’s-mom-spitting-on-the-ground-every-time-its-name-gets-mentioned detested. Over the past couple of weeks, I’ve even had a few gold-bulls-who-I-respect-immensely privately admit they are giving up on the trade.

Nothing sums up their frustration better than this meme:

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