Are Goldbugs Capitulating?
Anthony Pompliano had no shortage of hot takes in his subscriber letter from this morning. Let's leave our maxi hats at the door and see if there are some holes in his claims. Spoiler: there are.
Today in a subscriber update, Anthony Pompliano (Pomp) claimed gold bugs are capitulating. Capitulation means to "yield" or "succumb." Essentially, to capitulate in markets is to admit defeat. I like Pomp. I listen to his podcast and I genuinely think he does a really nice job providing value through content (at no charge). That said, Pomp is wrong abou…
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