June, page-23

I really am a trader nowadays
As there is now real direction in the POG
So that allows the share prices to be manipulated
Currently I hold less PRU and more RSG than normal.

I am also at a point that I believe the POG
and share price are down when they should be
Heading over $1500.
My belief is that this because of the money that
Would normally head into gold and shares has ended up in ETFs
and Bitcoin.
So those who are thinking gold is going to $2000
are dreaming.

Again the money that has gone is investors money
The money left is mainly banks.
So they have full control.
Gold and share prices go where they head it.

Most believe that gold has just about topped for this run up.
and as it heads to the rate increase.
Gold price will be heading down again this week.

With more than a $10 rise in the POG and a 5 week high
You would expect a rise in gold stocks
In fact only 3 of the top ten gold stocks showed a modest increase
Most headed down.
So dont expect much on Monday.

Must wait until the rate rise and rebalance to trade with some confidence.

Cheers