Loading ...we all know there is official sector interference in the gold mkt…that said…there has been an accumulation of gold bullish macro factors lately–the most gold bullish of all of them is the throwing in of the towel by ALL the world CBs and the no longer covert policy of unlimited quanitative easing…so all I am saying, is with that set up…plus going into a potential weak jobs report…the risk/reward to being long some PM exposure is good currently…I said 2 days ago when I issued to the world my R640 buy signal to the world (snigger!), that I expected gold to “get its footing”…which it has been doing yesterday and today…then take off on some king of rally…maybe that will happen. Friday…also stocks are stretched to the upside…and if they sell off on Friday, that would only help gold…this is not a high confidence call…but if I wait for technical confirmation, then 40% of the move would be over…
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