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

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From: Rarebird4/25/2013 6:02:51 PM
7 Recommendations  Read Replies (1) of 48092
 
I know some of you were disappointed a bit that the mining stocks did not follow in the same manner as yesterday. Two things come immediately to mind. First, yesterday's surge in the miners had already mostly priced in the rise in the POG today. Secondly, just about all investors/traders are still scared stiff that lower lows are coming. This os why the miners pulled back a bit late on the session. Thirdly, I urge all of you to just sit back and enjoy the spring season without fretting about wiggles. I say this because the miners are still trading as of they are on death row. It will take time to heal. But I can assure you that if you are long here, you are sitting on a major profit opportunity. Sit tight. Don't fret. You are going to make tons of money in GDX, GDXJ and GLDX. I guarantee it.




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