OTCQX:BGMZF - Post by User
Comment by
yaponskion Jun 27, 2014 4:23pm
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Post# 22701944
RE:Ktico Survey Heavily Bullish For POG next week
RE:Ktico Survey Heavily Bullish For POG next weekfrom last Friday wrote:
So I'm going for a flat POG next week, not chaning more than +/- $5 on a Friday to Friday close.
So, I was right on the POG call last week... essentially flat... The kitco survey was typically wrong... although they will no doubt argue that $1 rise week on week was a hugely bullish move... :)
For this week, Kitco remains mildly bullish on POG... so, I'm going for another flat week next week... +/- $5 in POG by next Friday close.
Leading indicators for gold movements in China suggest a surge in China gold inports is coming but so far it isn't visible... weekly gold movements are strong but trail 2013. More next week on my logic regarding flow of gold to China... or search on Shanghai Gold and figure it out for yourself...