As sector gains increasingly mount, sentiment is nearing a tipping point where gold stocks return to favor. That will bring back traders in droves to chase growing gains...
Majority believe in fundamental reasons driving our market – that if you can understand the “reason” as to why a market moves a certain way then you have a certain amount of control.
Gold and the stock market have been moving together for quite some time, but I’ve urged investors to watch for a decoupling event… and it could have just occurred.
For the second week in a row, gold prices rose, albeit a small 0.2%. This came in the face of the Japanese meltdown that spilled over into North American markets.
Last-minute position squaring and rebuilding before the release of July CPI and PPI numbers can result in sharp two-way price moves in gold, silver, and copper.
FinMedia & Herd & Fed are all behind the curve. To be sure, the whole FinMedia & Herd insanity emphasizes the parroting that passes sadly for “informative news.”
