pog relevant to abu or not, page-5

  1. 843 Posts.
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    Thanks Chuk, I did see your post. When you analyse your charts/data it exemplifies the part that sentiment plays in investing. Back in 2011, the sentiment was exuberance and now with similar numbers goldies' share prices have a foot on their head because of extreme caution. Too many burnt fingers out there. The real question now is when will the sentiment revert to those heady days and what will it take. A good start is the current measured and consistent move upwards. But its almost a case of the market being conditioned to the regular smack down of POG every time there is a few days of rises. There now appears though that the smack downs are becoming less regular which is a good sign. After this latest run up, it will be all eyes on the US market tonight. A real positive will be gold just maintaining Asian market highs. If it rises over night again that would be very positive indeed IMO.
 
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