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Non-Tech : The Woodshed

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To: nspolar who wrote (17194)11/27/2004 1:27:19 AM
From: baystock  Read Replies (2) of 60899
 
>The gold price in rand is holding. It is not only a sign, imo it is the number one sign that gold is going global. <

Good point.

The chart of the gold price in Rand does look promising for the SA gold stocks. There is a bullish falling wedge pattern that has been two years in the making:

stockcharts.com[h,a]dacayiay[d20010313,20051231][pb50!b200!f][vc60][iut!Um12!La12,26,9!Lh14,3!Ll14]&pref=G

This week I reloaded with RANGY and bought a few HMY calls to complement my large position in DROOY. I think I am ready now for the train to leave the station...but with my heavy weighting towards the SA golds, I hope I boarded the right train though<g>
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