it says it in an indirect way via broader market direction.. capital flows... all the capital is concentrated on one side of the boat US equites.. and that boat is about to keel to the other side.. that is the primary catalyst. as reegards godl price.. correct there is little correlatioon between teh XGD and gold... margin; not price is the driver for the stocks.. though the capital flow either creates ampliteude to teh move or subdues it depending on direction
our main catalyst is now a rotation for preferred reserve assets globally moving from US debt and by defacto USD to gold and as a knock on effect of the DXY going down, that is what keels the boat to the other side and tips all the capital out of the US
I really wonder waht will happen to US listed gold stocks .. will they manage to have a propper bull market in the face of capital fleeing the US. We live in intersting times ----- As for your other point on ignoring the troll... think of ignoring flies around the barbecue.. will it keep them off the food?... if he makes clown claims about teh company.. they need to be challenged so newer readers or potential new investors know what level of credibility to apply to his babbling... quite honestly i didnt think it could slide further but im at the point of thinking he may have slipped into alcohol or substance abuse to mask the pain of his trading woes..I wonder if his missus knows how much he has lost. To me he reads like he is losing his marbles and lashing out incoherently.. i do mean it quite literally.. i think he needs to seek help... he is not in a good place psychologically from what i can see
BCN Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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