Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: Claude Cormier who wrote (63614)	2/21/2009 9:04:45 PM
From: kayco	of 78409

Hope you are correct re small correction. If you look at some miners using a candle stick chart with 30 minutes intervals, you get a very clear picture of miners Wed, Thurs, Fri last week. The volumes on the juniors was only slightly higher on Friday over Thursday, but volumes on AUY and ABX, for example, were at least 30% higher on Friday over Thursday, not exactly auspicious. What exactly it means for the future one can never be sure. Only time will tell, but I will be watching my miners very carefully next week. The world is getting more dangerous. Besides world economy, Iran may have one bomb, Pakistan may be unstable, N. Korea may have a succession problem, etc, etc, etc. The caldron is heating up and this may put a bottom on gold around the present price. It is not same situation as previously. Have a nice Sunday.

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