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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: No Mo Mo who wrote (18176)5/7/2010 8:17:48 PM
From: gold$10k  Read Replies (1) of 48092
 
Anecdotal evidence of a top in gold...

Jim Cramer recommends buying EGO yesterday

cramers-mad-money.com

stockcharts.com

Two days of big volume on dangerous dojis and totally overextended as indicated by RSI... an accident waiting to happen IMO.

'Gold is the New Reserve Currency' - Larry Kudlow, CNBC

caseyresearch.com

FWIW, I do not plan on making money from shorting gold or gold stocks. My GDX calls are insurance against a dollar crisis/devaluation and my GDX puts are my insurance against losing money on my calls. I do plan on making money by shorting SPX.
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