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Bullboard - Stock Discussion Forum Allied Nevada Gold Corp ANV

NYSEAM:ANV - Post Discussion

Allied Nevada Gold Corp > Hulbert On Gold Sentiment
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Post by goldguy007 on Sep 12, 2014 3:01am

Hulbert On Gold Sentiment

The extreme bearish sentiment is providing a great backdrop for a strong gold rally.
Doesn't tell us where it will start from but it should be good when it gets underway.
goldguy
Comment by Ferris_Wheel on Sep 12, 2014 9:25pm
With all due respect,  I think Gold will have a tough time for the next year or two.  The USD rally and upcoming surge will take the shine off of Gold.  I'm  still holding but think there will be a lot of pain soon.   GLTA and JMHO
Comment by goldguy007 on Sep 14, 2014 1:01pm
The important thing to keep in mind, for those who pay attention to sentment readings, is that they are not to be used to call bottoms in gold. They are simply usefull to suggest that the next up-move in gold will probably be a cyclical up-move lasting several months. Technical indicators should be used for more accurate determination of entry levels for new longs. There is no "holy grail ...more  
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