Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (58010)	4/12/2006 11:50:52 AM
From: loantech	Read Replies (1) \| Respond to of 110194

Surprising the meltdown has started already but then again no one really knows the future price of gold.

To: ild who wrote (58010)	4/12/2006 3:26:59 PM
From: ild	Read Replies (1) \| Respond to of 110194

Date: Wed Apr 12 2006 12:24 trotsky (@pm stocks - conflicting signals) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved as previously mentioned, the quantitative sentiment data continue to support a bullish stance on pm stocks. this is mainly because there's a mixture of skepticism to outright pessimism on display in the data, especially when those data series are compared with their incarnations over the past 12 months. otoh, money flows have lately begun to deteriorate a bit, compared to the outright bullish picture during the recent correction. also, price action itself isn't terribly convincing at this stage. it's possible that this is just 'fear of the big round number' , and probably also some apprehension due to the fairly large speculative net long position at the COMEX. all in all, some more consolidation is probably required as a minimum to improve the overall conditions.