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


To: onepath who wrote (45739)7/27/2007 1:32:51 AM
From: koan  Read Replies (1) | Respond to of 78426
 
The US has to cut rates. I am going to sit mostly on the side lines, plenty of time to get back in as the technical damamge is so severe.

All of asia really tanking tonight. 500 point drop for US stocks tomorrow??

People end up selling mining stocks to pay for margin calls on regualr stocks.



To: onepath who wrote (45739)7/27/2007 2:36:22 AM
From: marcos  Read Replies (1) | Respond to of 78426
 
etf.v - gush of stock came out today, missed it, wasn't watching ... now news after the bell on the OK JV ... that's in an area they call the Bunster Hills, i almost worked there one time, was set up to go and look around, make a bid, then the same forester had something urgent elsewhere, leaned on me to do it ... bits of the yellow cedar in this house came from there, but i've only ever seen it from the water and air ... anyway, 'Eastfield partner drills 76 m of 0.34% Cu at Okeover' [and moly getting richer, on step-outs to the east] - stockwatch.com

Gold hasn't moved contrary to the general markets for some time now, tends more to trade with them, and against the usd of course ... when the Dow tribe is following the usd down the slope consistently, then there comes a de-coupling

' Could this action of credit squeeze be a set up for an imminent rate cut.(U.S.)?'

Wouldn't that be sooo politically convenient - general election year coming up, saving some folks their houses couldn't hurt much - in the short run