Precious metals are failing to be safe havens during market turmoil – Inside Edge Capital - MSN

Inside Edge Capital is looking at paper markets while physical demand tells a different story. When funds dump GLD shares and algos sell COMEX futures, that's not metals failing as safe havens. That's leverage unwinding. Real stackers know the difference between price discovery in leveraged markets and actual metal changing hands. Central banks added 800 tons last year while COMEX registered inventory sits near multi-year lows. The disconnect between paper price action and physical fundamentals has never been wider. These temporary selloffs create entry points for anyone paying attention to actual supply and demand dynamics rather than momentum trading algorithms.