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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 (40560)	1/30/2013 12:02:08 PM
From: NOW	Read Replies (1) \| Respond to of 48092

parabolas have a way of ending

To: Wade who wrote (40560)	1/31/2013 12:42:19 PM
From: Wade	Read Replies (1) \| Respond to of 48092

"I think it is no insignificant matter than the recent rally in the US equity markets which has seen the S&P move to a FIVE YEAR HIGH just so happens to parallel the rise in this cross. That cross has been and still remains one of the more accurate measures of risk sentiment that we have, along with the bond market of course. Take a look at the recent action of the cross as it confirmed a bottom in November last year and the subsequent action in the S&P 500 which also rallied off a short term swing low that same month. With the exception of the selling pressure in the last few days of 2012 (based no doubt on tax related selling), the two have been moving in lockstep. Clearly, speculative fever has been revived in regards to stocks based on this cross. The question now becomes, will the commodity sector be next? That is why as long as this cross continues higher, I am going to be very closely watching the price action of the Continuous Commodity Index or CCI. So far that index has not been following the cross higher as it actually went in the OPPOSITE direction of the cross during the month of November. However, it is beginning to show signs of paralleling the cross. If this connection, which was in exact lockstep leading up to the peak in commodities back in 2008 becomes re-established, watch for the precious metals, in particular, silver, to start more of a sustained trend higher. Let's pay close attention to this as well.." traderdannorcini.blogspot.com Monthly Euro-Yen chart Message 28695788 The Euro Is Far From Finished January 31, 2013, at 1:10 am by Jim Sinclair jsmineset.com