Scuffy, I agree with many of your points and yes next week should be quite telling with options expiry. I did notice though that at the beginning of each month usually they hit PM's on job numbers week, really didn't happen in Feb.
Actually Gold has been rising $15 to $20 quickly then consolidates for a day or so. This pattern has been repeated often in the last month. The charts right now are very consistent.
I realize that $25 is quite high and I more believe $22 (lowering the ratio from 69 to one to 55 to one) would be more attainable, but we were just having fun.
There are many people who believe something big is about to happen on the global financial markets. I believe that we had a sample of this earlier this week with the Eastern European banks. Obviously any relevant disruption would have a major impact on the POG & POS. Gold and Silver have been trading like currencies lately (when US$ rises so does Gold and visus versus) and as VHF explained this morning, that pattern is also starting to come appart, which is a necessary event if Gold is to continue rising accordingly.
It's like I said, time will tell, but since 2009, it seems like all the ducks have been properly aligned.....
Later