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To: Horgad who wrote (423761)4/19/2013 8:29:31 AM
From: Rarebird  Respond to of 436258
 
I think we have most likely already seen capitulation in the miners and the POG. Miners have basically done nothing for the past 3 years and traders/investors became disgusted. An equity market hitting marginal new highs was all it took to transfer money out from commodities to severely overpriced equities. I'm willing to pick up the ashes and wait for the explosion and bombing to clear.