Gold stock sentiment indicatorOnward 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.