GOLD 0.51% $1,391.7 gold futures

Gold stock sentiment indicator Onward and upward.Leading...

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    Gold stock sentiment indicator

    Onward and upward.

    Leading indicators are doing what they are supposed to do – leading.

    I prefer a more stately progression of the chart. A couple of % a day would be good.

    My charts for a number of major producers are looking awesome.

    Some great targets are being set up.

    This article has a nice approach to reviewing the COT data.

    Goes a little into the short squeeze in palladium in January that saw prices skyrocket – and cleaned out the COTs.

    http://news.goldseek.com/GoldSeek/1581355353.php

    There are a number of articles addressing supply chain issues.

    Keep in mind the shortage of supply of a single component in a just-in-time production scenario can cripple production.

    Saw dumping of zinc into LME and associated drop in price.

    Bit of a pattern going on here.

    Watch what unfolds in the metals markets. There will be a period to get into metals. Probably near the end of the gold run.

    The supply of critical metals during this ‘crisis’ may cause a paradigm shift in how these markets function – or don’t.

    Let’s see what unfolds. Supply of REE’s are already causing concern.

    https://hotcopper.com.au/data/attachments/1975/1975767-6d6364d812f8ce9c9635062c7a314cca.jpg
 
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