Volume is a great indicator
posted on
Jan 14, 2008 07:20AM
You don't get volume like this with retail buying, it is pure and simple.... the pros want in and they want to get in at a discount! The volume has been incredible here and with the price of gold at a fresh new high today, where do you think the pros are going to go.....they are going to continue to invest in gold stocks plain and simple. This is the current trend, so why would anybody sell when it hasn't even begun to run it's course yet!