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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 (43300)5/2/2013 8:40:37 AM
From: SwampDogg2 Recommendations  Read Replies (1) | Respond to of 48092
 
Good piece and ties in with the Armstrong view of a phase transition in 2015-2017 (moonshot)
We have seen the low or will see the low in the next couple of months and then work back to the ATH gradually over the next couple of years. This would be a couple of years where the miners start to outperform the metals.
Then the whole thing bust higher in 2015 as it did in 1978 as she lays out.
This defines the difference between a bear market low (bull market beginning) and a confirmed bull breakout. It would be the same as the difference between buying the DOW in March 2009 and a buying the break couple of weeks ago on the new ATH. Always a difference of opinion on where the bull started.
With the miners by 2015 the $HUI could be up 200% before things get started and quality juniors could be up more than that.
Semantics



To: Wade who wrote (43300)5/4/2013 12:10:18 AM
From: rubbersoul1 Recommendation  Read Replies (3) | Respond to of 48092
 
Do you agree with Louise Yamada in the article? She clearly feels gold is headed to 1200 and 1530s is a long shot and will be short lived if it gets there. She is probably better than anyone on SI with technical analysis.