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12,755 Posts.

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13/11/16

11:24

Post #: 20577734
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Originally posted by slange ↑

Gold shares are in crisis mode and as any politician who is worth their salt would never let a decent crisis go by without taking advantage of it it might not be a bad idea to take advantage of this one.
Tomorrow will be carnage in the gold sector for a couple of reasons.
The volume on US gold stocks was huge which reinforces the move.
Aussie gold stocks will likely finish on their lows as more downward pressure will be expected in the coming night in the US.
Tomorrow will likely be a "get me out of here"kind of day which means panic selling.
There will be bargains to be had.
If Monday night does indeed see very heavy selling then Tuesday night might well see a big reversal.
Its always handy to keep a few bucks spare for the super sales that infrequently appear.
Next week should be wild.

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At the moment Trump sentiment is really bad for the POG. Hillary is actually much better candidate for stock market crash, gold vertical rise & world war 3.... NOT Trump. Stanley Drunckenmiller sees the same way too.
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