If the big money (hedge funds, banks, institutions decide to buy something in mass, it goes up. If they decide to take money out it goes down.
ie. This is exactly why we all freak out when we see gold going up, and the gold stocks doing nothing. It is because the big money is buying gold, and ignoring the gold stocks. If, and when they decide to buy the gold stocks they will then go up. THE RETAIL PLAYER IN THE MARKET MEANS NOTHING.
WHEREVER, AND WHENEVER THE BIG MONEY DECIDES TO SHORT, LONG, OR LEAVE ALONE ANY FINANCIAL INSTRUMENT, THAT IS WHEN IT MOVES. FUNDAMENTALS DON'T MEAN SQUAT!
Well normally that is how it works and is supposed to work...meaning if people lose faith in the dollar then they rush to gold...nowadays it's been weird coz dollar and the gold go up together...that's abnormal but it's changing now !!...as they say the market can stay irrational for a long time!!