Further to the "Why aren't gold (PM) stocks following price of gold yet? " question.
Yes, we know POG has broken out. But is that how all Fund Managers see it??
This may be part of the answer and relates to my point 1, regarding fund managers and larger companies moving first.
It also relates to the 60/40 rule for fund managers. (Not that that necessarily is a 'standard'.)
Full article here:
https://www.gold-eagle.com/article/next-leg-higher-gold-major-inflection-point
Excerpt here..
I find it interesting..
IVR Breakout. About time !, page-191
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