slr oversold?, page-69

overnight POG movement was more like a knee jerk reaction... SPDR holdings still at 812.78 tonnes (professional investors who determine the movement in POG).

Since hitting a low of around 790t earlier this year, the holdings have increased although modestly. however what is significant is the movement in POG when the holdings are increased... there is almost an exaggerated increase in POG when the holdings are increased even modestly.

As I had said in one of my previous emails, the SPDR holdings are at around levels before the GFC suggesting long term investors... the speculators have come and gone (more like a stampede last year). early signs that they are coming back...

use you own intellect and if nothing else works... remember there is GOD ... he has his mysterious ways of setting things right