gold, page-72010

Gold stock sentiment indicator.

I anticipate some very good moves in stock prices today.

The price of food and availability is starting to bite.

Good thing food is not included in inflation data. Too volatile.

There is a reason you do not wage war during a pandemic. You will have no top brass left.

My cynicism is beginning to show.

I believe we are at the beginning of a serious upleg in gold and associated stocks.

How gold and stocks are viewed may be changing. Seeing the odd quiet message about safe haven and protection from major investment houses while ramping down on MSM.

Not so worried about leverage on gold stocks but if gold stocks are still being used as collateral for other stock purchases.

The next major market down leg will give us a very good idea of any shift in sentiment.

Still only about 25% gold stock in uptrend. I will be watching these levels closely.

Articles about how liquid physical gold stocks are in LBMA and COMEX appear to be BS. I bet all is allocated.

I expect SAR will break out of its short term consolidation today. Chart further on.

Anyway, here is the indicator.

Here is SAR short term chart if you are wondering why it is struggling to move.