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

To: rubbersoul who wrote (11760)	11/23/2009 8:32:41 PM
From: Wade	Read Replies (3) \| Respond to of 48092

Sounds like a good plan. <G> My regular trading account has no money or stocks becasue I took all of the stock certificates. What I am trading are several IRA accounts, which have no margin allowed, therefore, I have to sell a stock after the cash which I used to buy it is settled in the previous trade. Otherwise, I will be ban from buying for 3 months. I went to this kind of panelty box twice in the last two years. So, I am not very mobile in trading. Only sell those stock has settled. It is pain of the neck. The worst case is to sell some GTU from piggy bank position for cash if I have to.

To: rubbersoul who wrote (11760)	11/23/2009 10:01:12 PM
From: kayco	Read Replies (1) \| Respond to of 48092

I am loaded with ABX so today did not look very positive, particularly when you look at Friday morning sell off of miners. We don't know what will happen, but you seem to see more articles that we will not have double dip. If no double dip maybe gold pull back will be minor. I am trying to see if can make any sense of the spread between short term interest rate (IRX) and 30 year(TYX). If it really starts to narrow, I will become much more cautious. I like what Ashraf Laidi has on his site today: "November 23, 2009 13:37 ET: The 10% increase in Oct existing home sales was nearly 10 times greater than expected but currencies fail to show any significant shift towards risk plays, as EURUSD remains shy of $1.50, $GBPUSD under at 1.67 and USDCAD above 1.05. The REAL TEST will be tomorrows preliminary (second revision) of US Q3 GDP, expected to be revised to 2.8% from 3.5% (range 2.5%-3.4%). $1.5050 remains a psychological level, while $1.5055-60 is the more relevant resistance, a breach of which this time could coincide with $1,200 gold. A US GDP downward revision of no less than 3.0% would boost appetite at the expense of the USD, especially that Fed officials continue to reiterate prolonged liquidity for a considerable period of time as did Atlantas Fed Bullard. German Nov IFO could also induce moves towards $1.50 in the event of a figure of at least 92.5 in business climate index and 97 in the expectations index."