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

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To: rubbersoul who wrote (44960)6/24/2013 5:50:58 PM
From: Jim McMannis  Read Replies (3) of 48092
 
I hope you're right.

I think there is a component of fear over fattened expenses of mining companies vis a vie when the POG got high. That some miners may go broke. That and the LT trend in miners is down plus the fear that the cats out of the bag on rates going up. I do think Berspanky will make some attempts along the way to quiet the bond market and that will cause the miners to spike at least temporarily.

It's very difficult to use this flubdamental data to tade miners. So we use T/A.

T/A indicated the "get out" signal on miners for over a year.
FWIW
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