the price of gold: can't fly, page-25

  1. 17,482 Posts.
    lightbulb Created with Sketch. 1
    ROWINGBOAT

    "In my book that's positive divergence as prices are rising despite continued investor (Western) selling... in other words, global buying pressure is now greater than the selling pressure"

    The above represents investors buying the physical GOLD from the GLD. If it wasn't buying, the GLD gold stocks wouldn't be dropping and it has always been that way. If the GLD stocks fall people are buying physical.
    You may be talking about buying and selling the shares which is paper. No guess as to where the physical is going.

    GOLD falling at the moment is good for me as I sold and took profit from my Goldie.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.