Europeans are putting money into gold but apparently some gold bulls are being left behind.
Some Gold Bulls Left Behind
March 29 (King World News) – Graddhy out of Sweden: For many months now we have seen bears, and pm bulls, calling a big top in gold & silver. And, most missed the lows & many have bailed to “get in lower”.
The Gold Bull Has Shaken Off Some Riders And Is Heading Higher Without Them
Silver Outperforming Gold
Graddhy out of Sweden: The ratio SILJ vs GDX had a break out from blue falling wedge, then slid down the support line. Could be time for SILJ to outperform GDX again. Silver stocks outperforming the larger gold stocks usually means a solid upmove for precious metals sector.
Time For Junior Silver Stocks To Outperform GDX Miners?
Gold Inflows Strong In Europe
Ole Hansen, Head of Commodity Strategy at SaxoBank: Overall, the commodity that has managed to attract the biggest inflow is gold.
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***To listen to Dr. Stephen Leeb discuss JP Morgan’s precarious short position in the gold market and much more CLICK HERE OR ON THE IMAGE BELOW.
***To listen to Alasdair Macleod discuss available physical gold and silver inventories disappearing, why the bank runs and crisis are set to accelerate and much more CLICK HERE OR ON THE IMAGE BELOW.
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