Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Veteran98 who wrote (208633)	12/29/2011 9:57:55 AM
From: dara	Respond to of 312968

FWIW, I recall Richard Russell saying that the 300 mda was important for gold.

To: Veteran98 who wrote (208633)	12/29/2011 12:41:07 PM
From: NOW	Read Replies (2) \| Respond to of 312968

i cant fathom why a correction of magnitude after the run to 1900 is surprising, forgetting about funnymentals 1450 seems like a nice place to go

To: Veteran98 who wrote (208633)	12/29/2011 1:38:15 PM
From: Claude Cormier	1 Recommendation Respond to of 312968

So far, This is a cyclical bear within a secular bull. But a small bear. Nothing yet like 2008 or what we had in the 1970-1980 secular bull. On par with 2006 at the moment. We may get something worse. Many factors will influence the short and intermediate direction. Iran.... Europe's eventual QE... USA's QE3...no QE...etc One thing is sure to me... golds stocks and especially junior developers are cheap relative to gold. Silver could become interesting again.