Gold & Gold Stock Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 383.15

+0.8%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TheSlowLane who wrote (3934)	10/3/2006 4:36:47 PM
From: jimsioi	Read Replies (1) of 29622

The Slowlane, re URaniums & Zincs...vs. PMs Massive sell off in PM miners today, fortunately I'm relatively light though in these type of downdrafts one can never be light enough. Still it seems a bit overdone to me.. The dollar is working in a rising wedge formation it appears to me and was only up 12 points today quotes.ino.com Yet the GDX seems to have been repulsed by the 200 day moving average and destined for a test of the June lows...which I suspect with follow through selling or weakness in Crude after or before the inventory report we will see.. stockcharts.com I did some buying of Hubbay Mining (HBM.to) the zinc integrated miner today..The fundamentals are favorable to zinc if they are to any metal, assuming no recession. ...and some Crosshairs in the uranium exploration group...CXX.v, but its off 15% in two days. Aurora Resources (AXU.to) is holding up reasonably well. Think I'll keep powder pretty much dry from here or at least until that BIG CAPitulation day seems to have arrived, though that seemingly could be anytime between now and early November based on opinions I read here... Boy, what a day!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next