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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (20569)9/8/2006 10:27:32 PM
From: TrueScouse  Read Replies (2) | Respond to of 78418
 
Paul:

Just done my weekly update of my "mythical portfolio" -- a basket of 10 junior mining stocks I've been following since 2001. My conclusion... stay Long and Strong!

Over the last 5 weeks (since August 4th) a very unusual thing has happened.

The POG has fallen 1.8%, but the PF has *gained* by 5.1%. This is *not* the normal behaviour. In fact with a POG drop of 2% say I would normally expect a PF drop of 4% or so. Instead the PF has gained 5%.

i.e., We have a *strong* divergence, with the junior stocks leading the POG strongly.

This tells me that we should expect a major move in both the POG and the junior mining stocks over the next 2 to 3 months. JMHO, and it would be nice if I was right! :^)

Best regards,
Howy