The big difference between now and this time last year is the commercial net short position is not gold bullish at this point.
This leads me to believe that we are heading for one more jam down so that the headless hedge funds pile on the shorts and then the commercials reverse their positions.
At some point in the next few weeks gold stocks are going to reject the artificial gold price and are not going to drop as the gold price is manipulated lower.
Depending on the nature of the occurrence we might just have our bottom.
Considering the state of global politics and central banking this will likely be one of,if not the greatest buying opportunity seen.
Fundamentals have changed, page-86
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Last
$15.90 |
Change
-0.230(1.43%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.23 | $15.89 | $28.19M | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9551 | $15.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.90 | 1600 | 10 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| NST (ASX) Chart |
