Feels like the narrative is leaning heavily on a bull case for GLD and SSRM, but I’m noticing the SPY/SPXL momentum hasn’t been great lately. If flows are softening, why should gold and silver ETFs keep outperforming?
Are we sure this is just a flow story and not a broader risk-on flip? If rates stay sticky, why would GLD/SSRM keep outperforming SPY/SPXL? Any data on institutional redemptions versus inflows lately?
Everyone chasing GLD/SSRM because of the headline, but I’m not convinced trend holds if SPY rolls over again.
Not adding until trend confirms; range feels crowded.
Kinda torn—this dip feels nice, but the range trading is making me uneasy. I want momentum, not noise.
Anyone buying dips here? If SOXS holds 18–19 with decent volume, I’m considering a starter, but I’d rather see a clean break of 22 first. Thoughts on risk sizing?
