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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ceedee who wrote (7108)1/28/2003 2:39:21 PM
From: Canuck Dave  Read Replies (2) | Respond to of 39344
 
There's a lot of sellers out there today in many gold and silver issues.

It's either a major shake out or the start of a gold down turn. I would guess there's an engineered rally ahead of Bush's speech and the Fed meeting. Gold is refusing to cooperate, rallying back to break even point.

I think we find out the truth by Thursday or Friday. It has all the appearances of a gold sell off coming. It looks like a duck, it quacks like a duck, it waddles like a duck, but somehow it's foul, not fowl.

How are others seeing today's action?

CD