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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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From: onginvester6/26/2013 9:56:17 AM
1 Recommendation

Recommended By
gravityz

   of 48092
 
You boys get gold green today and I will buy a bit for the mattress....I got buy stops in with the first tick of gold going positive for the day. End of qtr coming up and gold down something like 23% for the qtr the worst in 100 years, all the fast money has been blown out....a 5% move from being down 3% to up 2% is the kinda thing that happens when shorts get a lil nervous and need to lock in profits....anybody remember carlos slim hedging all his silver mines silver in 2011 when it was $44+? Sources say he is the market to monitize his hedges....who knows? Risk reward getting better for a long entry imo.
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