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Charts from the Lunatic Fringe.

Goldhedge

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Goldhedge

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What's the deal - if bonds are cheaper money rolls into that instead of gold?
Aren't bonds considered 'safe' vs the 'risk' of gold?
 

Goldhedge

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Goldhedge

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the weekly chart of paas looks interesting, it that a bottom?
I'm no chartist... more of a drive by look see, but this 4y seems noteworthy:

Screen Shot 2019-12-06 at 1.52.29 PM.png
 

Strawboss

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Zed

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Adam says we have more hard yards!
 

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Zed

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So the jobs report showed 266,000 jobs added - a huge number. Gold crushed down to the $1465 area immediately. How it recovers from this blow should shed some light on whether we will be able to crawl on up and outta this box we are in anytime soon.
... to be revised in three months no doubt.
 
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there's something that Cots data may have trouble grasp on. it sure does look very bearish. I'm thinking of assets allocations at Wall Street. a few advisors starting to recommend 10% holdings in gold and I'm not sure if that reached out to the main masses and that takes years. but for the short term it doesn't spin the needle.
 

Goldhedge

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