Gold

For some weird reason the majority (+90%)of USA larger Cap listed gold stocks just went negative.
Scratching head. o_O Whaaaattt?
Can't work this out, with price of gold rising quite convincingly.
What's going on.... anything brewing under the surface?
Maybe gold bulls think Stock Mkts are too bullish for gold atm?
Hmmmm, gonna keep an eye on this mystery....

Maybe is a bit too high at the moment? Maybe it is just a natural cycle in the price of the metal? Don't panic? Teehee.
 
Could be a bit high hmmm:
xau 4 10 19.png
 
Yeah all other metals look good, copper, lithium, iron ore, aluminium, even oil, but maybe rotation of money outta gold into a bit more diversity, definitely no bear mkt in sight atm.
 
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Gold stocks enmass seemed to know ahead of time on Wednesday the gold price fall which came Thursday US time.
On close inspection I see nothing to panic about, I'm holding 5 gold positions and will live with the pain.
Today about 95% of US listed gold stocks fell from my rough observation.
 
Gold stocks enmass seemed to know ahead of time on Wednesday the gold price fall which came Thursday US time.
On close inspection I see nothing to panic about, I'm holding 5 gold positions and will live with the pain.
Today about 95% of US listed gold stocks fell from my rough observation.
Rooting for you.:thumbsup:
 
Last two days has seen gold rise by USD35 and approx $50 for the previous month.
Below is US gold price (green) vs AUD gold, 1 year chart.
index(2).png
 
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