@theparthrastogi BTC, gold & silver falling together as they share one driver right now: the Fed path + the dollar.
Strong May jobs killed rate-cut hopes → real yields up → dollar firms → everything that pays no yield gets repriced at once.
@LayahHeilpern It's not "smart money," it's bank money. And the guys moving it are gamblers playing with a "don't-care, not-my-cash" attitude, then spreading the psychology of "yeahhh go for it, buy the dip."
They're idiots. And we, normal people copying them, are bigger idiots.