Golden Wall Of Worry
Gold’s Rally is impressive in and of itself BUT consider all the headwinds
1…Extremely Bearish COTs according to many
2…Extremely Bearish Sentiment (from Contrarian Point of View)
3…Bearish Seasonals
4…Bearish Divergences in the Indicators
5..”Over Bought”
Ditto Silver
Silver stocks are on fire this morning- I am holding AG – had it last time around and bought back in, I like Keith Neumeyer. Have been looking at First Quantum Minerals, I think they are the company that bought ECU silver-
Silver going nucken futz today will help