gold, page-89937

Gold stock sentiment indicator.
Lots of discussion re money flow v money velocity in the US.
A recent article suggested smart money is rotating out of stocks and into cash.
Household savings and debt reduction on the increase.
Lots of foreign manufactured goods purchased.
Take your pick.
Probably a bit of all and a few other components not considered above.
Still means the same thing - a lack of money velocity is a collapsing economy.
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Gold is treading water while it is risk-on in the markets.
Leading indicators now near 60%. In a day or three this is likely to come back to 50% or lower.
Look like we are now into a decent little run for gold stocks.
Still don't anticipate real moves in POG just yet. New years eve pressie?
Here is the indicator.
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