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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 408.24+2.3%4:00 PM EST

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To: gold$10k who wrote (13128)4/10/2008 5:06:31 PM
From: jimsioi  Read Replies (2) of 29622
 
VT, good close on the miners today, G7 this weekend...

I see the GDX is setting up for another run at 50 if it can get some help from GOLD...G7 meeting this weekend would usually suggest defense of the dollar and probably talk of IMF gold sales...

stockcharts.com

Watching and waiting mainly. I'd be encouraged to buy more CEF (gold and silver closed end fund) but the premium is 12% currently...a bit high....That could drop off 5-7% in addition to any decline Gold and Silver might experience.

Liking the looks of HL, about 4% shy of an all time high close. Out pacing PAAS, SSRI and the HUI..for reason unknown to me....
stockcharts.com
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