would it be fair to say that some people (and therefore some investment money) believes the improvement in some economic indicators (like jobs) in the US is a reason for POG and gold stocks to move lower?
Additionally there may be a more direct connection between the improving economic indicators on the strengthening US dollar which in turn has a negative impact to the POG?
Maybe that same money is reluctant to push POG and gold stocks higher.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.