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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech	11/30/2005 10:02:11 PM
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Wednesday, November 30, 2005, 7:46:00 PM EST Gold and Dollar Market Summary Author: Jim Sinclair The US dollar has stopped reacting positively to any hints of strong US economic activity and the potential firming of interest rates as a result thereof. This is a picture of a tired situation having hit strong resistance but not yet broken down technically. It seems as if longs are still holding while shorts are building up. Gold is simply doing its "round numberiti" before another try at $502. I believe we will succeed on the second or third try above $500 and start the move to and through $529, testing 3% beyond that. The amateurs are selling once again on weakness but like the downtrodden they are always with us. Keep an eye on Short Squeeze as it is the destiny for COT and for us. jsmineset.com Check the cartoon. <g>

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