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

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To: Mr. Aloha who wrote (12826)6/7/2006 4:42:32 PM
From: 4C  Read Replies (2) of 78410
 
I don't know what indicators Grandich is looking at, but the general market is flashing a big warning sign for sure. Take a look at these charts, we are threatening to break the lows made in May on all of them, some already have.

If we break the lows on the Nasdaq and the general market falls into another downdraft, the juniors will not be spared...and as long as Bernanke keeps raising rates I don't see a sustainable rally in gold or silver, especially in summer. We could get a bounce here since we are oversold, but none of these charts tells me to put my money to work at this moment, all JMHO.

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