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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (11661)	11/19/2009 11:55:24 PM
From: rubbersoul	Read Replies (1) \| Respond to of 48092

Well, I doubled my position today so hope it ramps up on the positive news.<G> BTW, I'm still finding it hard to make sense of the gold guy on Bloomberg when he said that he expects the POG to fall after OPEX (which is Monday). He said that the main reason gold is sustaining these prices is because futures traders are covering their shorts since gold is trading at 1200 in the futures market? I thought they usually try to knock prices down INTO expiration? Maybe the guy was one of many investors hoping to buy gold at lower prices?