RE: Gold Bullish Next Week....Kitco poll... Unfortunately the same group that were polled last week were of majority that gold was on its way up this week. From my experience if they say up, it goes down and vice versa,
At this point it will be all about the days where there is "fear" of Europe and the days when the fear is abated.
Next up QE3 again. US economic indicators are going south. The news writers are trying to pick anything that is a positive. Nothing good over the last 3 weeks. The only reports that are good are the ones where they call households with phones knowing full well that 30% of US households only have cell phones and don't get called.
SMF will float on the whims of the price of gold. Quite obvious that most think that it is near it's bottom. Drilling news has to come soon.
Wes