Voltalia Ord Shs VLTAF

Theory on Gold Move

[VentureTrader1]

...all the hedge fund favorites (AAPL, GOOG, IBM, CMG, etc...) are getting heavily dumped today (probably triggered by yesterday''s Google selloff).  This is probably triggering margin calls all over the place, so this will create some short-term selling of gold by over-leveraged market players.  Interestingly, though, so far the gold miners aren't selling off much.  If this situation holds, I'd see it as HUGELY bullish for the sector (and maybe, someday, for VTR?)

[ALLEN4]

Yes, we bottomed as the favourites topped;  maybe we will see a sector rotation, and gold stocks moving independently of overall market.   We may not have momentum but we are holding pretty wellat these levels, and that is bullish

[VentureTrader1]

So far today, the gold stocks I own are either up or flat.  In light of the fact that gold is off by $20 and all the large-cap hedge-fund favorites in the US are off by 2.5+%, I think this is an astounding change in market dynamics, and bodes really well for the future.  Maybe the long-awaited gold stock bull is finally here or near.

[Bpultra]

So far today, the gold stocks I own are either up or flat. In light of the fact that gold is off by $20 and all the large-cap hedge-fund favorites in the US are off by 2.5+%, I think this is an astounding change in market dynamics, and bodes really well for the future. Maybe the long-awaited gold stock bull is finally here or near. Read more at https://www.stockhouse.com/bullboards