SI
SI
discoversearch

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


To: Bonefish who wrote (27840)5/26/2012 7:30:44 PM
From: ecrire2 Recommendations  Read Replies (1) | Respond to of 29622
 
Whether Gold,Silver, Oil, stocks and options I always try to adhere to the truism that markets are never wrong; opinions are.
I generally use 5 to 8% stops.
Of course there will be the occasional whipsaws, but, overall it avoids disastrous give backs and losses.



To: Bonefish who wrote (27840)5/26/2012 9:13:59 PM
From: carranza26 Recommendations  Read Replies (2) | Respond to of 29622
 
What is it from a technical analysis standpoint that convinces you that miners are going to be wiped out?

Since you wish to not see people get hurt, the least you can do is state with clarity why miners will get hurt.



To: Bonefish who wrote (27840)5/27/2012 7:28:52 AM
From: TheSlowLane  Read Replies (1) | Respond to of 29622
 
I agree with Michael Pento:

"...in the anticipation of a much stronger dollar, the gold mining shares have now retreated to a level that forebodes massive sovereign defaults in Europe, Japan and quite possibly even in the U.S.. Since a deflationary depression has already been priced into gold stocks, the odds strongly favor a rally at this juncture."

kingworldnews.com