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


To: benwood who wrote (39951)1/2/2013 2:13:38 PM
From: gold$10k  Respond to of 48092
 
Congrats on making it to France before the implosion.

Yours is a reasonable scenario, but many possibilities, as ever. I continue to believe that TA is the best tool for navigating these waters... although holding PMs and gritting your teeth would also work.

Meanwhile, if this rally is for real and not just a function of fiscal cliff relief, then we would typically have a "close the gap" decline, some consolidation, and then a rally to at least POG $1800+. We'll see.