gold, page-84534

Gold stock sentiment indicator.
I guess we just have to wait till the hole is filled in.
Will take some doing to generate inflation.
I can think of a few ways to do it but the unproductive middle men (bankers) would not like any of them.
We could see something unusual but knowing who the masters and slaves are does not fill me with optimism.
One thing for sure - they will not turn off the tap to the top end of town.
POG is holding up well. Could be some serious volatility in POG on announcements.
Any excuse will be used to spike POG down to generate margin calls though I expect immediate rebounds.
Support for USD and resistance for AUD have barely been penetrated and holding strong.
Markets are nudging higher but nothing special. Mostly driven by a few large caps.
Patience is required for the next move in gold.
The bored are tossing in the towel.
The indicator continues to slide with late sell-offs in the sector.
I do not expect the indicator to continue the slide else we will be slipping into a bear market pattern.
The sector is nowhere near a bear but some stocks are taking a bit of chart damage.
We really are in bargain hunting territory.
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