austrie, take a look at NG...rallying back to a gap...
Gold is up nearly $6 - that's great...NG is rallying back toward $7.50 where there is a gap...WTZ is up 10% today, it won't go any further......Ok, I bought some of each at very good levels today just after the opening but with reductions and recent depreciation am only 39% miners and 4% CEF....I expect a set back from today's bounce, am frankly surprised at the strength, but then when I get bearish after a decline that's not too unusual and I frankly use it as a lead indicator of sentiment...After Friday's option expiration I suspect things will get pretty quiet...whip saws here and there...if we firm up, great, I'll add...but at 220 on the HUI we're obviously at a show me point... Futures close in an hour or so....which way do you want to bet miner go from there...? Give me some more sales on this strength in NG at the gap and AUY toward $3 and I'll be a happy camper.
NG
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