Gold stock sentiment indicatorThe indicator continues to fall.
I suspect a bit of despair in the gold stocks at the moment. GOR could not crack resistance.
This is when you should be buying the dip – the underlying commodity is at records while stock prices languish.
By the same token, my gold stock portfolio continues to rise in value though slowly. I have very few non-producers.
A flip through the 200+ gold watch list shows today is similar to yesterday.
The general market is also seeing a shift in money allocation.
Health stocks doing well today.
Patience will be rewarded.
Friday night is often a good night for POG. May not make a lot of difference to stock prices until the euphoria in the general subsides.
Next month I will drop off the 2019 trend and begin the 2020 chart.
