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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: the Zwei who wrote (16349)	11/24/2008 1:52:30 PM
From: hubris33	Respond to of 29622

That sounds like what I have been thinking. OEX should rollover here soon. POG however, is getting some of its strength from the beating being given to the USD - down 1.73 (a pretty good hit). quotes.ino.com Then again OI on the COMEX appears to be up a massive 80,000 contracts (maybe I can read it right/or type). If that is the case then the OI has returned to POG and there is the buying support to drive it higher. Will be interesting to see how US investors play this week with the holiday. The pros should be starting to close their books for the week in the next 24 hrs. so that might bring some selling pressure. However the rest of the world doesn't go on vacation Thursday. If the POG gets a push from overseas, then PM stocks could break free from the influence of the general markets. Obama nearly promised another stimulus package and "largest deficits ever seen" in his press conference today. Sounds like the recipe for a hammered USD? Good luck! H3