Gold stock sentiment indicator.
Only a few more days to go for the price to be bashed down.
This is so predictable even blind Freddy can see how this is happening.
I wonder what the April contact will produce? I suspect a good deal of EFP.
They cannot let POG drift too high else they will have too work all the harder.
The only issue I have with BASEL lll is it will leave the worse (by reputation and evidence) players in the market - HSBC, JPM and BIS. Very few others have physical to lay on the line to back their positions. BIS I will leave the door open on how they behave.
.
As markets begin to notice underwhelming performance in several metrics, USD will be the most likely beneficiary while gold sentiment remains so low.
This is when you need to be a contrarian. Required balls of steel and well positioned stop losses.
There are some ideally set up charts for prime junior stocks.
The indicator continues to decline. Here it is.
.
- Forums
- Commodities
- GOLD
- gold
gold, page-92574
-
-
- There are more pages in this discussion • 35,860 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online