Yes, This Is a Gold Bull Market
"The current economic conditions sub-index increased 8.7 points to 83.0, as the CARES relief checks improved consumers' finances and widespread price discounting boosted their buying attitudes."
"I go out to mow lawn. Powell speaks. I come back in and the market has tanked (it had already been weakening as noted in this post. (and this one from yesterday). Nothing he said should be adverse to gold stocks, and yet they got hit too. If anything, his words about a more pained economic recovery and the need for additional policy response are favorable to the fundamentals. But as always, on any given day or week the market will do what it will do."