March Madness?Most likely Q4 and 2016 fiscal financials to be released early March. I'm betting that volume and price will increase and just maybe we will hit .60 mark.
Furthermore, hearing chatters on Bay street that POG will hit $1300 next month. Plus there are more activity amongst funds starting to nibble which equates to nice storm brewing for TMM.
With current climate, $1400 gold is more likely than $1100 gold. Commercial traders are beginning to realign their bets on Gold. Long contracts are being bought, most recent COT (commitment of Traders) iindicate open interests. The smart money are the commercial traders and dumb money are the retail investors. It will only be a matter of time for the retail investors to jump on board. Maybe then its off to the moon. Timing is uncertain but watch the charts on COT. This chart is a very good indicator and resource. Just my 2.5 cents.
God Bless the Longs........... Hold and Prosper..........