Gold looking negative as people

    Posted by victorh on 1st of May 2020 at 09:24 am

    Gold looking negative as people are way too bullish on gold in general and on this site too.  The Gold Miners Bullish Percent Index (see below chart) it is exactly as bullish as it was bearish in mid-March at the very bottom after the biggest decline in stock market history. There are more bulls than they were in July of 2017 after a monster gold stock rally.


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