GOLD 0.51% $1,391.7 gold futures

c banks stop lending gold. lease rates rocket, page-10

  1. 2,717 Posts.
    I don't think so. The number of commentators bullish on gold surged to record highs when it peaked @ 1050 (odd) & then drifted back since. But lately the bull % has been climbing again & the media is running stories of physical buying/hording etc yet POG has not rocketed.
    Joe Public is ALWAYS last to know about real movements so all these "indicators" we are currently seeing make me very suspicious.

    I have absolutely no doubt that we are going to see POG 1500+ but I think the huge players still want a chance at securing it in the 600's before the final blast off
 
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