Gold stock sentiment indicator. Very interesting day yesterday. Has presented an awesome buying opportunity. The indicator suggests capitulation but not of the same type as back in March though similar to mid-August. If you think the indicator is going to stay at these levels for a while, I hope you are disappointed. Has not happened before. . The A$POG is holding up really well. The gold market has been behaving badly ever since the pandemic became obvious in January. All this spiking activity is really obvious and was not around since the beginning of 2015. I suspect government and CB (plus cronies) interference in markets and economies is causing what I consider to be bipolar gold sector behavior. The only time the indicator went a little wonky was on Trumps election in 2016 and even then it calmed down very quickly. Got more shopping to do today. Snapped up a few bargains yesterday of stocks sitting on trend. Here is the indicator. .
