gold, page-83757

Gold stock sentiment indicator.
Curious that some commentators refer to last weeks' sell-off as capitulation.
Those on this thread with a broad-based portfolio realize it was a washout/shakeout, not capitulation and some portfolios would already have fully recovered losses.
WB timing was sublime if most of the purchasing was post POG fall. Not that important as producer prices were somewhat subdued for the last couple of weeks and did not take off with the POG run.
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More sobering.
This is one of the more dismal report cards for the world economy I have seen. EU GDP down 12.1%, etc.
I keep looking for good news but remain disappointed.
https://au.investing.com/news/forex-news/forexdollar-steadies-index-heads-for-worst-weekly-run-in-decade-2185919
The markets will get a reality check, just not sure of the format - a crash or a bear?
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The sentiment indicator is showing a nice steady return to rising gold stock prices.
Would be a little more concerned if it shot higher as high volatility makes timing buy/sell a lot more difficult.
Should be some good stock price moves if the indicator continues to rise at the current rate.
Here is the result after trading Friday.
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