George Bernard Shaw understood gold Gold prices have steadied this week, pausing after a 2 month rally which has seen prices 10%. 5 factors to consider when...

George Bernard Shaw understood gold Gold prices have steadied this week, pausing after a 2 month rally which has seen prices 10%. 5 factors to consider when looking at precious metals now include - ETF flows - more positive with GLD registering 1st monthly inflow in over a year - Managed Money - shorts covering, and more net longs opened - Gold stocks - volume and price action has been encouraging YTD - Banks - from uber-bearish to more neutral - has helped sentiment in the short term - Technicals - gold looking stronger, although short-term pullback not unexpected Of course, a continued run of worse than expected US data and potentially lower bond yields could also boost gold's appeal, with the market eagerly awaiting Friday's NFPs. Weekly report below, including some comments about Crimea, global and domestic economic data and a great quote from George Bernard Shaw on gold and free market capitalism (VIEW LINK)