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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory

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To: mishedlo who wrote (118)5/11/2005 12:36:30 AM
From: russwinter  Read Replies (1) of 361
 
<I think the next leg up in gold starts when the FED pauses.>

Yes, they won't even have to cut, a pause should do the trick, and I feel that is coming.

I think the seniors have serious survival problems. They are run by fianancial hacks and black box types, and have become little more than liquidating royalties. No one in the gold bug community really addresses that. The juniors (selectively , not universally) have the goods. Right now there is no market in them, just made up, rather silly prices. There could be a large pop just restoring an actual trading market with real bids and asks. Example today was MRB which at one point was off 10 cents to about 1.26 on about 15,000 shares. Stock was 1.45 last week on their latest supergene holes in Chile.
biz.yahoo.com
Lasted about one day, and here comes the dribble. OZN finally got a bit of a bid late in the day on this pre opening news,
Message 21309551
slow as molasses response, no one is even looking.

Behind the scenes, the suddenly seem to be reals things happening:
Message 21307242
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