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

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To: E. Charters who wrote (62277)11/21/2008 5:09:56 PM
From: marcos  Read Replies (2) of 78407
 
Agreed with most of this, except maybe base metals ... yes, forget about big ramps in BMs themselves, but i think any clear signs of basing in metals price charts will bring a little health back to the stocks ... they're just so absolutely beaten down, i've been noticing it most in the golds that are tainted by significant copper components, it's like they've turned Ms Market's ring finger green or something, ridiculous that not only is no value being accorded the copper, but its existence seems to detract from the gold

There's a lot of supply destruction out there too, mines shutting down and cutting back ... producers are healthier now after some good years, hopefully smarter as well, shouldn't let stocks build up to the extent of a few years ago

27% day for the HUI, hoo-hah ... going to be a nice weekly candle for gold too -
stockcharts.com
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