Gold mining fundamentals, the RPG and a screed

Well there goes the real price of gold (RPG).  Au vs. mining cost drivers crude oil and to a lesser extent, base metals (and other materials) is looking good wouldn't you say? 

Au-stock market is important too because the sector will not tend to get bid up when the tout is on in regular stocks and human spirits are relatively okay.

We have been tracking the RPG in NFTRH for months now; really since forever.  But it was highlighted most intently since the euro crisis blowout set the stage for the consolidation in the RPG and even more recently, as we have taken pains to track the bottoming of the consolidation in recent weeks/months.

Hey 'Analyst X', how's that 'buy the US stock market / sell gold' call working out for you?  How many people listened to that media darling trend follower and bought the US market and sold gold at exactly the wrong time?

Yes, I am being a bit of an a-hole today because it has not been easy maintaining patience and filtering bullshit day after day and trying to do same for the people who are my customers.

The analysis is being validated and it feels really fucking excellent.  And no, there will be no hubris here.  Just continued looking ahead, because the play is not nearly done. 

http://www.biiwii.blogspot.com
http://www.biiwii.com
http://www.biiwii.com/NFTRH/subscribe.htm