Silicon Investor
SI
SI

 Gold/Mining/Energy | Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

Previous 10 | Next 10 
To: Zincman who wrote (35466)5/16/2012 2:09:49 PM
From: Eva2 Recommendations   of 44690
 
<<This too shall pass and the uptrend will resume. This correction is very positive for AU and miners in the interim and long term.>>

Yes it will, but there is a huge technical damage and public opinion is totally turned off gold, it will pass, but it will take some time ____ imo

As usual the seniors will go first, the juniors will have to wait !

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Eva who wrote (35469)5/16/2012 3:21:27 PM
From: Rick H. Malchow   of 44690
 
Fed minutes point to possible need for more stimulus. The article did not mention Europe which should be another negative economic impact that increases that need.
finance.yahoo.com 

Share Recommend | Keep | Reply | Mark as Last Read

To: Eva who wrote (35469)5/16/2012 3:24:36 PM
From: Zincman   of 44690
 
Agree..

The 09 crash was so scary, people were dumping everything and preparing for the end.... See how quickly that bounced back and what a huge opportunity that presented.

12 might well be in the books for gold.. as Armstrong and other have suggested.. Time will tell... I do not think the manic phase has yet passed w/ golds.... So we have that to look forward to I guess.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Zincman who wrote (35471)5/16/2012 3:55:58 PM
From: gold$10k1 Recommendation   of 44690
 
Armstrong appears to be saying that there's another decline coming and that the only question is whether it comes in June/July or August/September. IOW, will the coming bounce/rally last 2 weeks or 2 months.

Meanwhile, I have increased my total PM allocation to 50% with more SIL/SLW.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (3)

To: gold$10k who wrote (35472)5/16/2012 4:31:44 PM
From: benwood6 Recommendations   of 44690
 
There's always another decline coming; there's always another retest coming. -g-

GDXJ blew out yesterday's volume record by 13% or so. GDX volume was 7th highest ever of 1500+ trading sessions (back to 2006).

Not sure what it portends to have such high volume on a virtually break even day. Usually accumulation is slow and sneaky. Either somebody is taking advantage of post panic share urping, or somebody smart is transferring shares to soon-to-be bagholders.

The fact that I've seen the appearance of a gold bear taunter on one of the forums here is a huge bullish indicator, however. -g-

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: gold$10k who wrote (35472)5/16/2012 4:32:13 PM
From: Zincman   of 44690
 
Was re-reading him today.

IMO, bias might be shifting here to the upside... but must take into account a spike lower.

Some day soon the risk will be clearly on the cash and short side of PM trades..

Share Recommend | Keep | Reply | Mark as Last Read

To: gold$10k who wrote (35472)5/16/2012 4:32:17 PM
From: Zincman   of 44690
 
Was re-reading him today.

IMO, bias might be shifting here to the upside... but must take into account a spike lower.

Some day soon the risk will be clearly on the cash and short side of PM trades..

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: F.W.Inglis who wrote (35438)5/16/2012 6:03:52 PM
From: F.W.Inglis1 Recommendation   of 44690
 


Sentiment: Crude-Oil < 93.00 MAY have put a LID on the USDollar ???

AND/OR

Oil-Companies MAY begin/have-begun Yelling at Washington about Offshore-Profits and Washington Hollering at Wall-Street ... (and/or $hit-Runs-Downhill?) ???

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Zincman who wrote (35475)5/16/2012 8:46:51 PM
From: loantech1 Recommendation   of 44690
 
Well I will bet on Soros the rest of ya can place your betson who you want. <G>

May 15, 2012, 5:20 P.M. ET Soros 1Q Filing: Ramped Up Gold ETF, Dropped Google, Bought JPMorgan

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

From: rubbersoul5/16/2012 10:28:28 PM
1 Recommendation   of 44690
 
Funny how so many miners I follow are near their 60 EMAs:
stockcharts.com 
stockcharts.com 
stockcharts.com 

Was this a calculated take down?

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.